Call reports 2002
WATERFORD COMMERCIAL AND SAVINGS BANK, THE — 2002
What WATERFORD COMMERCIAL AND SAVINGS BANK, THE reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 30,647,000 | 30,592,000 | 28,896,000 | 28,809,000 |
| Total loans | 21,954,000 | 22,448,000 | 21,990,000 | 22,499,000 |
| Allowance for loan losses | 162,000 | 145,000 | 68,000 | 140,000 |
| Securities available for sale | 1,379,000 | 1,758,000 | 1,998,000 | 1,680,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,188,000 | 25,057,000 | 23,296,000 | 23,271,000 |
| Interest-bearing deposits | 21,011,000 | 21,199,000 | 19,852,000 | 20,356,000 |
| Noninterest-bearing deposits | 4,177,000 | 3,858,000 | 3,444,000 | 2,915,000 |
| Equity capital | 3,345,000 | 3,428,000 | 3,462,000 | 3,415,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 489,000 | 971,000 | 1,468,000 | 1,939,000 |
| Interest expense | 197,000 | 375,000 | 553,000 | 722,000 |
| Net interest income | 292,000 | 596,000 | 915,000 | 1,217,000 |
| Noninterest income | 62,000 | 124,000 | 186,000 | 234,000 |
| Noninterest expense | 273,000 | 542,000 | 792,000 | 1,059,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 90,000 |
| Pretax income | 78,000 | 172,000 | 300,000 | 302,000 |
| Income tax | 11,000 | 35,000 | 89,000 | 86,000 |
| Net income | 67,000 | 137,000 | 211,000 | 216,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,320,000 | 3,388,000 | 3,412,000 | 3,380,000 |
| Total capital | 3,482,000 | 3,533,000 | 3,480,000 | 3,520,000 |
| Risk-weighted assets | 17,229,000 | 17,223,000 | 16,772,000 | 17,156,000 |