Call reports 2007
SAUGUSBANK A CO-OPERATIVE BANK — 2007
What SAUGUSBANK A CO-OPERATIVE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 172,878,000 | 172,759,000 | 179,961,000 | 180,656,000 |
| Total loans | 110,527,000 | 115,280,000 | 122,274,000 | 124,435,000 |
| Allowance for loan losses | 1,020,000 | 1,038,000 | 1,066,000 | 1,097,000 |
| Securities available for sale | 2,297,000 | 2,251,000 | 2,258,000 | 1,266,000 |
| Securities held to maturity | 41,828,000 | 40,624,000 | 40,636,000 | 38,618,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 140,005,000 | 139,942,000 | 138,172,000 | 130,150,000 |
| Interest-bearing deposits | 128,347,000 | 127,916,000 | 126,480,000 | 118,818,000 |
| Noninterest-bearing deposits | 11,658,000 | 12,026,000 | 11,692,000 | 11,332,000 |
| Equity capital | 14,067,000 | 14,160,000 | 14,303,000 | 14,443,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 2,317,000 | 4,705,000 | 7,189,000 | 9,735,000 |
| Interest expense | 1,200,000 | 2,425,000 | 3,714,000 | 5,027,000 |
| Net interest income | 1,117,000 | 2,280,000 | 3,475,000 | 4,708,000 |
| Noninterest income | 163,000 | 377,000 | 575,000 | 772,000 |
| Noninterest expense | 1,260,000 | 2,482,000 | 3,663,000 | 4,859,000 |
| Provision for loan losses | 15,000 | 33,000 | 46,000 | 62,000 |
| Pretax income | 5,000 | 142,000 | 341,000 | 559,000 |
| Income tax | -3,000 | 38,000 | 100,000 | 184,000 |
| Net income | 8,000 | 104,000 | 241,000 | 375,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,892,000 | 14,156,000 | 14,298,000 | 14,440,000 |
| Total capital | 14,912,000 | 15,194,000 | 15,364,000 | 15,537,000 |
| Risk-weighted assets | 111,675,000 | 112,794,000 | 117,357,000 | 120,028,000 |