Call reports 2003
SAUGUSBANK A CO-OPERATIVE BANK — 2003
What SAUGUSBANK A CO-OPERATIVE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 134,371,000 | 136,494,000 | 140,839,000 | 142,837,000 |
| Total loans | 82,732,000 | 85,791,000 | 89,214,000 | 90,442,000 |
| Allowance for loan losses | 570,000 | 640,000 | 665,000 | 690,000 |
| Securities available for sale | 3,578,000 | 6,574,000 | 5,564,000 | 5,300,000 |
| Securities held to maturity | 30,030,000 | 32,766,000 | 37,843,000 | 38,414,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 123,116,000 | 125,005,000 | 129,154,000 | 130,959,000 |
| Interest-bearing deposits | 114,122,000 | 115,767,000 | 118,824,000 | 121,940,000 |
| Noninterest-bearing deposits | 8,994,000 | 9,238,000 | 10,330,000 | 9,019,000 |
| Equity capital | 10,730,000 | 10,961,000 | 11,211,000 | 11,458,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,710,000 | 3,390,000 | 5,035,000 | 6,728,000 |
| Interest expense | 714,000 | 1,384,000 | 2,030,000 | 2,647,000 |
| Net interest income | 996,000 | 2,006,000 | 3,005,000 | 4,081,000 |
| Noninterest income | 132,000 | 291,000 | 472,000 | 579,000 |
| Noninterest expense | 691,000 | 1,421,000 | 2,184,000 | 2,955,000 |
| Provision for loan losses | 26,000 | 96,000 | 121,000 | 146,000 |
| Pretax income | 411,000 | 780,000 | 1,172,000 | 1,559,000 |
| Income tax | 142,000 | 282,000 | 424,000 | 560,000 |
| Net income | 269,000 | 498,000 | 748,000 | 999,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,730,000 | 10,961,000 | 11,211,000 | 11,455,000 |
| Total capital | 11,300,000 | 11,601,000 | 11,876,000 | 12,145,000 |
| Risk-weighted assets | 82,966,000 | 86,967,000 | 91,598,000 | 93,702,000 |