Call reports 2016
WATERFORD COMMERCIAL AND SAVINGS BANK, THE — 2016
What WATERFORD COMMERCIAL AND SAVINGS BANK, THE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 43,464,000 | 42,436,000 | 43,060,000 | 42,965,000 |
| Total loans | 19,000,000 | 19,636,000 | 19,445,000 | 19,960,000 |
| Allowance for loan losses | 110,000 | 113,000 | 113,000 | 115,000 |
| Securities available for sale | 12,427,000 | 14,328,000 | 14,070,000 | 14,731,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,730,000 | 36,600,000 | 37,097,000 | 37,322,000 |
| Interest-bearing deposits | 30,239,000 | 29,350,000 | 30,028,000 | 29,160,000 |
| Noninterest-bearing deposits | 7,491,000 | 7,250,000 | 7,069,000 | 8,162,000 |
| Equity capital | 5,481,000 | 5,584,000 | 5,666,000 | 5,383,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 382,000 | 776,000 | 1,188,000 | 1,584,000 |
| Interest expense | 20,000 | 42,000 | 62,000 | 86,000 |
| Net interest income | 362,000 | 734,000 | 1,126,000 | 1,498,000 |
| Noninterest income | 66,000 | 149,000 | 230,000 | 320,000 |
| Noninterest expense | 362,000 | 712,000 | 1,062,000 | 1,420,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 12,000 |
| Pretax income | 64,000 | 167,000 | 287,000 | 389,000 |
| Income tax | 4,000 | 22,000 | 56,000 | 83,000 |
| Net income | 60,000 | 145,000 | 231,000 | 306,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,421,000 | 5,490,000 | 5,555,000 | 5,608,000 |
| Total capital | 5,531,000 | 5,603,000 | 5,668,000 | 5,723,000 |
| Risk-weighted assets | 19,726,000 | 19,782,000 | 19,712,000 | 20,071,000 |