Call reports 2001
SAUGUSBANK A CO-OPERATIVE BANK — 2001
What SAUGUSBANK A CO-OPERATIVE BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 99,470,000 | 106,139,000 | 112,267,000 | 114,323,000 |
| Total loans | 61,710,000 | 64,676,000 | 70,259,000 | 72,857,000 |
| Allowance for loan losses | 489,000 | 490,000 | 489,000 | 497,000 |
| Securities available for sale | 2,716,000 | 2,671,000 | 3,656,000 | 3,623,000 |
| Securities held to maturity | 22,261,000 | 18,629,000 | 21,252,000 | 24,141,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 88,819,000 | 95,346,000 | 101,220,000 | 103,247,000 |
| Interest-bearing deposits | 80,857,000 | 86,997,000 | 92,915,000 | 94,785,000 |
| Noninterest-bearing deposits | 7,962,000 | 8,349,000 | 8,305,000 | 8,462,000 |
| Equity capital | 9,275,000 | 9,437,000 | 9,595,000 | 9,735,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,671,000 | 3,352,000 | 5,069,000 | 6,795,000 |
| Interest expense | 821,000 | 1,699,000 | 2,636,000 | 3,567,000 |
| Net interest income | 850,000 | 1,653,000 | 2,433,000 | 3,228,000 |
| Noninterest income | 82,000 | 177,000 | 279,000 | 406,000 |
| Noninterest expense | 624,000 | 1,267,000 | 1,905,000 | 2,595,000 |
| Provision for loan losses | 0 | 3,000 | 8,000 | 17,000 |
| Pretax income | 308,000 | 560,000 | 799,000 | 1,022,000 |
| Income tax | 108,000 | 199,000 | 284,000 | 363,000 |
| Net income | 200,000 | 361,000 | 515,000 | 659,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,275,000 | 9,437,000 | 9,595,000 | 9,735,000 |
| Total capital | 9,764,000 | 9,927,000 | 10,084,000 | 10,232,000 |
| Risk-weighted assets | 59,589,000 | 62,160,000 | 66,972,000 | 70,307,000 |