Call reports 2007
WATERFORD COMMERCIAL AND SAVINGS BANK, THE — 2007
What WATERFORD COMMERCIAL AND SAVINGS BANK, THE reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 30,544,000 | 30,489,000 | 31,813,000 | 32,626,000 |
| Total loans | 24,198,000 | 25,205,000 | 25,394,000 | 25,481,000 |
| Allowance for loan losses | 80,000 | 82,000 | 114,000 | 100,000 |
| Securities available for sale | 1,948,000 | 1,921,000 | 1,954,000 | 1,865,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,597,000 | 25,502,000 | 26,758,000 | 27,446,000 |
| Interest-bearing deposits | 21,635,000 | 21,624,000 | 22,915,000 | 22,930,000 |
| Noninterest-bearing deposits | 3,962,000 | 3,878,000 | 3,843,000 | 4,516,000 |
| Equity capital | 3,819,000 | 3,851,000 | 3,872,000 | 3,949,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 471,000 | 999,000 | 1,536,000 | 2,095,000 |
| Interest expense | 146,000 | 320,000 | 500,000 | 702,000 |
| Net interest income | 325,000 | 679,000 | 1,036,000 | 1,393,000 |
| Noninterest income | 70,000 | 147,000 | 232,000 | 307,000 |
| Noninterest expense | 365,000 | 728,000 | 1,091,000 | 1,414,000 |
| Provision for loan losses | 3,000 | 12,000 | 55,000 | 70,000 |
| Pretax income | 27,000 | 86,000 | 122,000 | 216,000 |
| Income tax | 3,000 | 13,000 | 22,000 | 53,000 |
| Net income | 24,000 | 73,000 | 100,000 | 163,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,808,000 | 3,857,000 | 3,859,000 | 3,922,000 |
| Total capital | 3,888,000 | 3,939,000 | 3,973,000 | 4,022,000 |
| Risk-weighted assets | 20,222,000 | 21,227,000 | 21,294,000 | 21,493,000 |