Call reports 2013
WATERFORD COMMERCIAL AND SAVINGS BANK, THE — 2013
What WATERFORD COMMERCIAL AND SAVINGS BANK, THE reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 50,232,000 | 48,134,000 | 48,322,000 | 45,189,000 |
| Total loans | 20,808,000 | 20,658,000 | 20,761,000 | 19,915,000 |
| Allowance for loan losses | 178,000 | 181,000 | 180,000 | 183,000 |
| Securities available for sale | 16,649,000 | 19,899,000 | 19,984,000 | 19,516,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,393,000 | 43,898,000 | 44,156,000 | 41,076,000 |
| Interest-bearing deposits | 36,628,000 | 36,636,000 | 36,888,000 | 34,142,000 |
| Noninterest-bearing deposits | 8,765,000 | 7,262,000 | 7,268,000 | 6,934,000 |
| Equity capital | 4,684,000 | 4,095,000 | 4,006,000 | 3,935,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 420,000 | 856,000 | 1,300,000 | 1,738,000 |
| Interest expense | 57,000 | 112,000 | 160,000 | 204,000 |
| Net interest income | 363,000 | 744,000 | 1,140,000 | 1,534,000 |
| Noninterest income | 55,000 | 134,000 | 226,000 | 281,000 |
| Noninterest expense | 371,000 | 758,000 | 1,113,000 | 1,506,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 12,000 |
| Pretax income | 44,000 | 114,000 | 244,000 | 297,000 |
| Income tax | 3,000 | 9,000 | 42,000 | 50,000 |
| Net income | 41,000 | 105,000 | 202,000 | 247,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,677,000 | 4,741,000 | 4,838,000 | 4,883,000 |
| Total capital | 4,855,000 | 4,922,000 | 5,018,000 | 5,066,000 |
| Risk-weighted assets | 20,852,000 | 21,610,000 | 21,626,000 | 20,718,000 |