Call reports 2014
SAUGUSBANK A CO-OPERATIVE BANK — 2014
What SAUGUSBANK A CO-OPERATIVE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 |
|---|---|---|
| Total assets | 207,642,000 | 205,646,000 |
| Total loans | 131,790,000 | 133,534,000 |
| Allowance for loan losses | 1,567,000 | 1,682,000 |
| Securities available for sale | 3,443,000 | 3,367,000 |
| Securities held to maturity | 39,055,000 | 40,546,000 |
| Trading assets | 0 | 0 |
| Total deposits | 170,914,000 | 168,757,000 |
| Interest-bearing deposits | 151,898,000 | 149,614,000 |
| Noninterest-bearing deposits | 19,016,000 | 19,143,000 |
| Equity capital | 18,476,000 | 18,681,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 |
|---|---|---|
| Interest income | 1,759,000 | 3,524,000 |
| Interest expense | 332,000 | 645,000 |
| Net interest income | 1,427,000 | 2,879,000 |
| Noninterest income | 191,000 | 401,000 |
| Noninterest expense | 1,523,000 | 2,948,000 |
| Provision for loan losses | -1,000 | 0 |
| Pretax income | 147,000 | 480,000 |
| Income tax | 36,000 | 198,000 |
| Net income | 111,000 | 282,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 |
|---|---|---|
| Tier 1 capital | 17,879,000 | 18,183,000 |
| Total capital | 19,446,000 | 19,865,000 |
| Risk-weighted assets | 137,365,000 | 138,569,000 |