Call reports 2008
WATERFORD BANK, NA — 2008
What WATERFORD BANK, NA 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 | 76,248,000 | 98,826,000 | 136,868,000 | 148,997,000 |
| Total loans | 47,586,000 | 65,495,000 | 86,539,000 | 101,964,000 |
| Allowance for loan losses | 582,000 | 819,000 | 1,083,000 | 1,280,000 |
| Securities available for sale | 3,017,000 | 3,876,000 | 18,393,000 | 21,626,000 |
| Securities held to maturity | 5,602,000 | 2,676,000 | 5,017,000 | 1,001,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,771,000 | 76,025,000 | 114,389,000 | 126,540,000 |
| Interest-bearing deposits | 46,281,000 | 67,158,000 | 105,059,000 | 114,146,000 |
| Noninterest-bearing deposits | 6,490,000 | 8,867,000 | 9,330,000 | 12,394,000 |
| Equity capital | 23,070,000 | 22,238,000 | 21,637,000 | 21,606,000 |
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 | 815,000 | 1,739,000 | 3,065,000 | 4,603,000 |
| Interest expense | 300,000 | 662,000 | 1,228,000 | 1,832,000 |
| Net interest income | 515,000 | 1,077,000 | 1,837,000 | 2,771,000 |
| Noninterest income | 19,000 | 57,000 | 114,000 | 178,000 |
| Noninterest expense | 1,142,000 | 2,288,000 | 3,480,000 | 4,802,000 |
| Provision for loan losses | 260,000 | 497,000 | 761,000 | 958,000 |
| Pretax income | -868,000 | -1,651,000 | -2,290,000 | -2,811,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -868,000 | -1,651,000 | -2,290,000 | -2,811,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,954,000 | 22,171,000 | 21,532,000 | 21,309,000 |
| Total capital | 23,536,000 | 22,990,000 | 22,615,000 | 22,589,000 |
| Risk-weighted assets | 69,734,000 | 79,625,000 | 104,695,000 | 111,497,000 |