Call reports 2009
WATERFORD VILLAGE BANK — 2009
What WATERFORD VILLAGE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 |
|---|---|---|
| Total assets | 58,700,000 | 55,707,000 |
| Total loans | 47,743,000 | 43,058,000 |
| Allowance for loan losses | 522,000 | 421,000 |
| Securities available for sale | 2,030,000 | 464,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 57,654,000 | 56,145,000 |
| Interest-bearing deposits | 55,905,000 | 54,276,000 |
| Noninterest-bearing deposits | 1,749,000 | 1,869,000 |
| Equity capital | 673,000 | -685,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 |
|---|---|---|
| Interest income | 626,000 | 1,203,000 |
| Interest expense | 416,000 | 854,000 |
| Net interest income | 210,000 | 349,000 |
| Noninterest income | 17,000 | 32,000 |
| Noninterest expense | 720,000 | 2,073,000 |
| Provision for loan losses | 43,000 | 198,000 |
| Pretax income | -498,000 | -1,852,000 |
| Income tax | 0 | 0 |
| Net income | -498,000 | -1,852,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 |
|---|---|---|
| Tier 1 capital | 647,000 | -718,000 |
| Total capital | 1,169,000 | -718,000 |
| Risk-weighted assets | 48,360,000 | 40,960,000 |