Call reports 2006
CHARTER OAK BANK — 2006
What CHARTER OAK BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 43,496,000 | 52,858,000 | 54,126,000 | 77,808,000 |
| Total loans | 37,749,000 | 47,451,000 | 47,848,000 | 57,614,000 |
| Allowance for loan losses | 448,000 | 512,000 | 575,000 | 654,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 27,444,000 | 31,534,000 | 32,509,000 | 61,583,000 |
| Interest-bearing deposits | 18,236,000 | 22,650,000 | 23,591,000 | 40,906,000 |
| Noninterest-bearing deposits | 9,208,000 | 8,884,000 | 8,918,000 | 20,677,000 |
| Equity capital | 15,702,000 | 15,828,000 | 15,820,000 | 15,820,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 671,000 | 1,509,000 | 2,498,000 | 3,708,000 |
| Interest expense | 101,000 | 281,000 | 544,000 | 930,000 |
| Net interest income | 570,000 | 1,228,000 | 1,954,000 | 2,778,000 |
| Noninterest income | 36,000 | 78,000 | 124,000 | 172,000 |
| Noninterest expense | 711,000 | 1,465,000 | 2,220,000 | 3,061,000 |
| Provision for loan losses | 36,000 | 100,000 | 163,000 | 209,000 |
| Pretax income | -141,000 | -259,000 | -305,000 | -320,000 |
| Income tax | -1,000 | 1,000 | 1,000 | 1,000 |
| Net income | -140,000 | -260,000 | -306,000 | -321,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,702,000 | 15,828,000 | 15,820,000 | 15,820,000 |
| Total capital | 16,183,000 | 16,373,000 | 16,428,000 | 16,518,000 |
| Risk-weighted assets | 45,887,000 | 56,690,000 | 57,054,000 | 70,732,000 |