Call reports 2008
CHELSEA GROTON BANK — 2008
What CHELSEA GROTON BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 696,243,000 | 707,977,000 | 707,324,000 | 699,256,000 |
| Total loans | 516,690,000 | 526,263,000 | 538,056,000 | 541,583,000 |
| Allowance for loan losses | 5,016,000 | 4,912,000 | 4,426,000 | 5,049,000 |
| Securities available for sale | 45,730,000 | 40,220,000 | 39,619,000 | 33,987,000 |
| Securities held to maturity | 55,001,000 | 63,768,000 | 59,844,000 | 62,895,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 560,342,000 | 559,456,000 | 556,905,000 | 542,483,000 |
| Interest-bearing deposits | 503,078,000 | 501,951,000 | 499,301,000 | 490,340,000 |
| Noninterest-bearing deposits | 57,264,000 | 57,505,000 | 57,604,000 | 52,143,000 |
| Equity capital | 110,276,000 | 111,432,000 | 112,620,000 | 110,226,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 8,832,000 | 17,663,000 | 26,551,000 | 35,299,000 |
| Interest expense | 2,883,000 | 5,420,000 | 7,838,000 | 10,141,000 |
| Net interest income | 5,949,000 | 12,243,000 | 18,713,000 | 25,158,000 |
| Noninterest income | 1,629,000 | 3,280,000 | 4,941,000 | 6,375,000 |
| Noninterest expense | 6,250,000 | 12,369,000 | 18,348,000 | 25,012,000 |
| Provision for loan losses | 12,000 | 24,000 | 36,000 | 668,000 |
| Pretax income | 1,529,000 | 3,431,000 | 5,525,000 | 5,908,000 |
| Income tax | 398,000 | 911,000 | 1,523,000 | 1,540,000 |
| Net income | 1,131,000 | 2,520,000 | 4,002,000 | 4,368,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 106,499,000 | 107,888,000 | 109,370,000 | 109,542,000 |
| Total capital | 111,515,000 | 112,800,000 | 113,796,000 | 114,591,000 |
| Risk-weighted assets | 545,192,000 | 550,317,000 | 551,261,000 | 551,452,000 |