Call reports 2008
SAUGUSBANK A CO-OPERATIVE BANK — 2008
What SAUGUSBANK A CO-OPERATIVE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 188,148,000 | 193,268,000 | 192,189,000 | 183,978,000 |
| Total loans | 126,715,000 | 133,241,000 | 135,581,000 | 134,250,000 |
| Allowance for loan losses | 1,181,000 | 1,330,000 | 1,578,000 | 1,615,000 |
| Securities available for sale | 1,241,000 | 2,562,000 | 2,490,000 | 2,507,000 |
| Securities held to maturity | 35,589,000 | 32,410,000 | 32,448,000 | 29,784,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 133,361,000 | 138,480,000 | 138,128,000 | 138,149,000 |
| Interest-bearing deposits | 122,335,000 | 126,265,000 | 125,756,000 | 126,380,000 |
| Noninterest-bearing deposits | 11,026,000 | 12,215,000 | 12,372,000 | 11,769,000 |
| Equity capital | 14,572,000 | 14,771,000 | 14,289,000 | 14,505,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 2,509,000 | 5,052,000 | 7,610,000 | 10,116,000 |
| Interest expense | 1,278,000 | 2,576,000 | 3,812,000 | 4,939,000 |
| Net interest income | 1,231,000 | 2,476,000 | 3,798,000 | 5,177,000 |
| Noninterest income | 227,000 | 485,000 | 605,000 | 842,000 |
| Noninterest expense | 1,211,000 | 2,380,000 | 3,731,000 | 5,044,000 |
| Provision for loan losses | 73,000 | 231,000 | 1,037,000 | 1,072,000 |
| Pretax income | 174,000 | 350,000 | -365,000 | -97,000 |
| Income tax | 51,000 | 55,000 | -198,000 | -118,000 |
| Net income | 123,000 | 295,000 | -167,000 | 21,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,570,000 | 14,708,000 | 14,181,000 | 14,403,000 |
| Total capital | 15,751,000 | 16,038,000 | 15,759,000 | 16,001,000 |
| Risk-weighted assets | 124,165,000 | 127,316,000 | 130,096,000 | 127,852,000 |