Call reports 2004
SAUGUSBANK A CO-OPERATIVE BANK — 2004
What SAUGUSBANK A CO-OPERATIVE BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 145,573,000 | 147,083,000 | 152,754,000 | 154,816,000 |
| Total loans | 95,138,000 | 100,220,000 | 99,381,000 | 101,522,000 |
| Allowance for loan losses | 715,000 | 737,000 | 762,000 | 785,000 |
| Securities available for sale | 6,050,000 | 3,333,000 | 3,335,000 | 5,303,000 |
| Securities held to maturity | 34,286,000 | 36,480,000 | 36,846,000 | 38,726,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 131,306,000 | 131,533,000 | 136,697,000 | 137,566,000 |
| Interest-bearing deposits | 121,743,000 | 121,406,000 | 126,808,000 | 127,972,000 |
| Noninterest-bearing deposits | 9,563,000 | 10,127,000 | 9,889,000 | 9,594,000 |
| Equity capital | 11,749,000 | 11,995,000 | 12,270,000 | 12,512,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,734,000 | 3,497,000 | 5,292,000 | 7,158,000 |
| Interest expense | 587,000 | 1,179,000 | 1,785,000 | 2,436,000 |
| Net interest income | 1,147,000 | 2,318,000 | 3,507,000 | 4,722,000 |
| Noninterest income | 162,000 | 306,000 | 443,000 | 610,000 |
| Noninterest expense | 853,000 | 1,761,000 | 2,648,000 | 3,634,000 |
| Provision for loan losses | 25,000 | 50,000 | 75,000 | 103,000 |
| Pretax income | 431,000 | 813,000 | 1,227,000 | 1,595,000 |
| Income tax | 142,000 | 267,000 | 409,000 | 531,000 |
| Net income | 289,000 | 546,000 | 818,000 | 1,064,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,744,000 | 11,991,000 | 12,268,000 | 12,509,000 |
| Total capital | 12,459,000 | 12,728,000 | 13,030,000 | 13,294,000 |
| Risk-weighted assets | 99,231,000 | 101,681,000 | 102,578,000 | 103,942,000 |