Call reports 2004
WATERFORD COMMERCIAL AND SAVINGS BANK, THE — 2004
What WATERFORD COMMERCIAL AND SAVINGS BANK, THE reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 27,089,000 | 26,962,000 | 27,509,000 | 26,300,000 |
| Total loans | 21,388,000 | 20,541,000 | 20,212,000 | 19,667,000 |
| Allowance for loan losses | 178,000 | 203,000 | 224,000 | 238,000 |
| Securities available for sale | 1,862,000 | 1,923,000 | 1,962,000 | 1,786,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 22,341,000 | 22,249,000 | 22,787,000 | 21,599,000 |
| Interest-bearing deposits | 19,577,000 | 19,515,000 | 19,960,000 | 18,648,000 |
| Noninterest-bearing deposits | 2,764,000 | 2,734,000 | 2,827,000 | 2,951,000 |
| Equity capital | 3,602,000 | 3,597,000 | 3,625,000 | 3,606,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 377,000 | 745,000 | 1,105,000 | 1,465,000 |
| Interest expense | 80,000 | 156,000 | 232,000 | 309,000 |
| Net interest income | 297,000 | 589,000 | 873,000 | 1,156,000 |
| Noninterest income | 44,000 | 101,000 | 144,000 | 190,000 |
| Noninterest expense | 247,000 | 511,000 | 762,000 | 1,047,000 |
| Provision for loan losses | 15,000 | 43,000 | 65,000 | 75,000 |
| Pretax income | 79,000 | 136,000 | 190,000 | 224,000 |
| Income tax | 13,000 | 30,000 | 48,000 | 58,000 |
| Net income | 66,000 | 106,000 | 142,000 | 166,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,553,000 | 3,592,000 | 3,591,000 | 3,580,000 |
| Total capital | 3,731,000 | 3,790,000 | 3,799,000 | 3,781,000 |
| Risk-weighted assets | 16,160,000 | 15,819,000 | 15,888,000 | 15,317,000 |