Call reports 2005
CHARTER OAK BANK — 2005
What CHARTER OAK BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 24,896,000 | 31,740,000 | 41,192,000 | 43,125,000 |
| Total loans | 16,264,000 | 20,247,000 | 25,287,000 | 34,396,000 |
| Allowance for loan losses | 230,000 | 330,000 | 385,000 | 445,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 8,567,000 | 15,705,000 | 25,069,000 | 27,205,000 |
| Interest-bearing deposits | 6,847,000 | 10,266,000 | 18,374,000 | 18,598,000 |
| Noninterest-bearing deposits | 1,720,000 | 5,439,000 | 6,695,000 | 8,606,000 |
| Equity capital | 16,256,000 | 15,909,000 | 15,935,000 | 15,726,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 204,000 | 586,000 | 1,092,000 | 1,724,000 |
| Interest expense | 11,000 | 39,000 | 116,000 | 217,000 |
| Net interest income | 193,000 | 547,000 | 976,000 | 1,507,000 |
| Noninterest income | 4,000 | 16,000 | 46,000 | 79,000 |
| Noninterest expense | 532,000 | 1,170,000 | 1,848,000 | 2,586,000 |
| Provision for loan losses | 130,000 | 230,000 | 285,000 | 345,000 |
| Pretax income | -465,000 | -837,000 | -1,111,000 | -1,345,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | -466,000 | -838,000 | -1,112,000 | -1,346,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,256,000 | 15,909,000 | 15,935,000 | 15,726,000 |
| Total capital | 16,486,000 | 16,239,000 | 16,320,000 | 16,171,000 |
| Risk-weighted assets | 20,271,000 | 27,183,000 | 33,480,000 | 41,880,000 |