Call reports 2002
SAUGUSBANK A CO-OPERATIVE BANK — 2002
What SAUGUSBANK A CO-OPERATIVE BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 118,658,000 | 121,047,000 | 124,170,000 | 128,254,000 |
| Total loans | 72,207,000 | 74,317,000 | 75,697,000 | 79,414,000 |
| Allowance for loan losses | 501,000 | 516,000 | 530,000 | 544,000 |
| Securities available for sale | 3,608,000 | 3,611,000 | 3,596,000 | 3,594,000 |
| Securities held to maturity | 27,586,000 | 29,857,000 | 29,821,000 | 32,997,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 108,409,000 | 110,719,000 | 113,515,000 | 117,279,000 |
| Interest-bearing deposits | 100,214,000 | 102,185,000 | 103,773,000 | 108,427,000 |
| Noninterest-bearing deposits | 8,195,000 | 8,534,000 | 9,742,000 | 8,852,000 |
| Equity capital | 9,906,000 | 10,065,000 | 10,254,000 | 10,466,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,704,000 | 3,393,000 | 5,096,000 | 6,748,000 |
| Interest expense | 873,000 | 1,742,000 | 2,564,000 | 3,338,000 |
| Net interest income | 831,000 | 1,651,000 | 2,532,000 | 3,410,000 |
| Noninterest income | 122,000 | 226,000 | 353,000 | 529,000 |
| Noninterest expense | 680,000 | 1,363,000 | 2,055,000 | 2,775,000 |
| Provision for loan losses | 7,000 | 19,000 | 40,000 | 54,000 |
| Pretax income | 266,000 | 495,000 | 790,000 | 1,110,000 |
| Income tax | 96,000 | 173,000 | 277,000 | 389,000 |
| Net income | 170,000 | 322,000 | 513,000 | 721,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,906,000 | 10,065,000 | 10,254,000 | 10,466,000 |
| Total capital | 10,407,000 | 10,581,000 | 10,784,000 | 11,010,000 |
| Risk-weighted assets | 71,189,000 | 70,276,000 | 74,676,000 | 79,325,000 |