Call reports 2003
WATERFORD COMMERCIAL AND SAVINGS BANK, THE — 2003
What WATERFORD COMMERCIAL AND SAVINGS BANK, THE reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 28,989,000 | 29,126,000 | 29,586,000 | 28,157,000 |
| Total loans | 22,076,000 | 20,603,000 | 20,418,000 | 20,910,000 |
| Allowance for loan losses | 145,000 | 148,000 | 158,000 | 167,000 |
| Securities available for sale | 1,405,000 | 1,718,000 | 1,463,000 | 1,848,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,434,000 | 23,474,000 | 23,970,000 | 22,524,000 |
| Interest-bearing deposits | 20,725,000 | 20,437,000 | 20,763,000 | 19,545,000 |
| Noninterest-bearing deposits | 2,709,000 | 3,037,000 | 3,207,000 | 2,979,000 |
| Equity capital | 3,480,000 | 3,552,000 | 3,518,000 | 3,521,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 443,000 | 866,000 | 1,253,000 | 1,642,000 |
| Interest expense | 142,000 | 273,000 | 390,000 | 491,000 |
| Net interest income | 301,000 | 593,000 | 863,000 | 1,151,000 |
| Noninterest income | 45,000 | 105,000 | 156,000 | 201,000 |
| Noninterest expense | 268,000 | 551,000 | 809,000 | 1,075,000 |
| Provision for loan losses | 0 | 2,000 | 13,000 | 28,000 |
| Pretax income | 78,000 | 145,000 | 197,000 | 249,000 |
| Income tax | 12,000 | 25,000 | 46,000 | 66,000 |
| Net income | 66,000 | 120,000 | 151,000 | 183,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,447,000 | 3,500,000 | 3,489,000 | 3,486,000 |
| Total capital | 3,592,000 | 3,648,000 | 3,647,000 | 3,653,000 |
| Risk-weighted assets | 17,044,000 | 16,270,000 | 16,191,000 | 15,966,000 |