Call reports 2014
WATERFORD COMMERCIAL AND SAVINGS BANK, THE — 2014
What WATERFORD COMMERCIAL AND SAVINGS BANK, THE reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 45,709,000 | 45,399,000 | 44,873,000 | 44,014,000 |
| Total loans | 19,627,000 | 19,938,000 | 19,823,000 | 19,470,000 |
| Allowance for loan losses | 186,000 | 188,000 | 142,000 | 142,000 |
| Securities available for sale | 19,920,000 | 20,258,000 | 20,201,000 | 18,986,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,265,000 | 40,644,000 | 39,913,000 | 37,757,000 |
| Interest-bearing deposits | 34,154,000 | 34,055,000 | 32,931,000 | 30,135,000 |
| Noninterest-bearing deposits | 7,111,000 | 6,589,000 | 6,982,000 | 7,622,000 |
| Equity capital | 4,295,000 | 4,576,000 | 4,753,000 | 5,001,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 412,000 | 834,000 | 1,257,000 | 1,679,000 |
| Interest expense | 35,000 | 69,000 | 100,000 | 131,000 |
| Net interest income | 377,000 | 765,000 | 1,157,000 | 1,548,000 |
| Noninterest income | 73,000 | 143,000 | 227,000 | 323,000 |
| Noninterest expense | 349,000 | 708,000 | 1,040,000 | 1,428,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 12,000 |
| Pretax income | 98,000 | 194,000 | 335,000 | 431,000 |
| Income tax | 11,000 | 35,000 | 78,000 | 102,000 |
| Net income | 87,000 | 159,000 | 257,000 | 329,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,970,000 | 5,021,000 | 5,100,000 | 5,148,000 |
| Total capital | 5,156,000 | 5,209,000 | 5,242,000 | 5,290,000 |
| Risk-weighted assets | 20,598,000 | 20,495,000 | 20,467,000 | 20,744,000 |