Call reports 2019
WATERFORD COMMERCIAL AND SAVINGS BANK, THE — 2019
What WATERFORD COMMERCIAL AND SAVINGS BANK, THE reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 47,434,000 | 45,840,000 | 46,421,000 | 44,500,000 |
| Total loans | 26,906,000 | 27,672,000 | 28,452,000 | 28,866,000 |
| Allowance for loan losses | 145,000 | 160,000 | 163,000 | 166,000 |
| Securities available for sale | 13,374,000 | 13,505,000 | 13,238,000 | 11,662,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,223,000 | 38,818,000 | 38,841,000 | 37,820,000 |
| Interest-bearing deposits | 31,316,000 | 30,194,000 | 30,552,000 | 28,718,000 |
| Noninterest-bearing deposits | 8,907,000 | 8,624,000 | 8,289,000 | 9,102,000 |
| Equity capital | 6,138,000 | 6,372,000 | 6,497,000 | 6,589,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 471,000 | 974,000 | 1,489,000 | 2,000,000 |
| Interest expense | 40,000 | 84,000 | 131,000 | 181,000 |
| Net interest income | 431,000 | 890,000 | 1,358,000 | 1,819,000 |
| Noninterest income | 83,000 | 168,000 | 271,000 | 376,000 |
| Noninterest expense | 401,000 | 784,000 | 1,193,000 | 1,610,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 12,000 |
| Pretax income | 117,000 | 280,000 | 441,000 | 594,000 |
| Income tax | 20,000 | 49,000 | 77,000 | 104,000 |
| Net income | 97,000 | 231,000 | 364,000 | 490,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,293,000 | 6,397,000 | 6,495,000 | 6,588,000 |
| Total capital | 6,438,000 | 6,557,000 | 6,658,000 | 6,754,000 |
| Risk-weighted assets | 25,451,000 | 25,914,000 | 26,135,000 | 26,046,000 |