Call reports 2007
SLADE'S FERRY TRUST COMPANY — 2007
What SLADE'S FERRY TRUST COMPANY reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 602,394,000 | 621,543,000 | 602,537,000 | 603,286,000 |
| Total loans | 433,543,000 | 434,069,000 | 449,566,000 | 462,474,000 |
| Allowance for loan losses | 4,318,000 | 4,296,000 | 4,467,000 | 4,661,000 |
| Securities available for sale | 97,882,000 | 96,481,000 | 80,618,000 | 77,349,000 |
| Securities held to maturity | 22,561,000 | 21,782,000 | 20,673,000 | 19,771,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 414,175,000 | 429,636,000 | 403,066,000 | 393,660,000 |
| Interest-bearing deposits | 338,550,000 | 351,955,000 | 324,576,000 | 317,253,000 |
| Noninterest-bearing deposits | 75,625,000 | 77,681,000 | 78,490,000 | 76,407,000 |
| Equity capital | 50,676,000 | 50,631,000 | 52,195,000 | 53,358,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 8,803,000 | 17,967,000 | 27,192,000 | 36,511,000 |
| Interest expense | 4,208,000 | 8,560,000 | 12,892,000 | 17,187,000 |
| Net interest income | 4,595,000 | 9,407,000 | 14,300,000 | 19,324,000 |
| Noninterest income | 368,000 | 780,000 | 1,174,000 | 1,568,000 |
| Noninterest expense | 3,301,000 | 7,037,000 | 10,809,000 | 14,638,000 |
| Provision for loan losses | 0 | 0 | 170,000 | 361,000 |
| Pretax income | 1,723,000 | 3,289,000 | 5,011,000 | 6,409,000 |
| Income tax | 612,000 | 1,128,000 | 1,705,000 | 2,315,000 |
| Net income | 1,111,000 | 2,161,000 | 3,306,000 | 4,094,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,639,000 | 48,853,000 | 49,974,000 | 50,965,000 |
| Total capital | 52,998,000 | 53,162,000 | 54,416,000 | 55,778,000 |
| Risk-weighted assets | 443,325,000 | 454,468,000 | 459,665,000 | 468,879,000 |