Call reports 2017
WATERFORD COMMERCIAL AND SAVINGS BANK, THE — 2017
What WATERFORD COMMERCIAL AND SAVINGS BANK, THE reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 41,433,000 | 43,938,000 | 45,442,000 | 43,529,000 |
| Total loans | 20,136,000 | 20,584,000 | 21,857,000 | 22,502,000 |
| Allowance for loan losses | 118,000 | 121,000 | 98,000 | 121,000 |
| Securities available for sale | 14,781,000 | 14,505,000 | 14,417,000 | 13,975,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,787,000 | 38,085,000 | 39,545,000 | 37,720,000 |
| Interest-bearing deposits | 28,117,000 | 29,349,000 | 31,404,000 | 29,569,000 |
| Noninterest-bearing deposits | 7,670,000 | 8,736,000 | 8,141,000 | 8,151,000 |
| Equity capital | 5,494,000 | 5,699,000 | 5,734,000 | 5,693,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 397,000 | 809,000 | 1,232,000 | 1,656,000 |
| Interest expense | 18,000 | 39,000 | 60,000 | 85,000 |
| Net interest income | 379,000 | 770,000 | 1,172,000 | 1,571,000 |
| Noninterest income | 73,000 | 168,000 | 261,000 | 343,000 |
| Noninterest expense | 364,000 | 707,000 | 1,064,000 | 1,428,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 32,000 |
| Pretax income | 100,000 | 240,000 | 375,000 | 469,000 |
| Income tax | 12,000 | 50,000 | 93,000 | 100,000 |
| Net income | 88,000 | 190,000 | 282,000 | 369,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,663,000 | 5,743,000 | 5,809,000 | 5,872,000 |
| Total capital | 5,781,000 | 5,864,000 | 5,907,000 | 5,993,000 |
| Risk-weighted assets | 19,946,000 | 20,793,000 | 21,694,000 | 21,490,000 |