Call reports 2021
WATERFORD COMMERCIAL AND SAVINGS BANK, THE — 2021
What WATERFORD COMMERCIAL AND SAVINGS BANK, THE reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 57,105,000 | 58,786,000 | 61,773,000 | 58,744,000 |
| Total loans | 31,789,000 | 30,981,000 | 29,760,000 | 29,591,000 |
| Allowance for loan losses | 181,000 | 184,000 | 186,000 | 190,000 |
| Securities available for sale | 10,787,000 | 16,010,000 | 17,581,000 | 19,198,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,927,000 | 51,427,000 | 54,411,000 | 51,573,000 |
| Interest-bearing deposits | 35,677,000 | 37,489,000 | 40,310,000 | 38,350,000 |
| Noninterest-bearing deposits | 14,250,000 | 13,938,000 | 14,101,000 | 13,223,000 |
| Equity capital | 7,044,000 | 7,195,000 | 7,201,000 | 7,072,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 586,000 | 1,134,000 | 1,586,000 | 2,036,000 |
| Interest expense | 32,000 | 64,000 | 100,000 | 133,000 |
| Net interest income | 554,000 | 1,070,000 | 1,486,000 | 1,903,000 |
| Noninterest income | 146,000 | 283,000 | 382,000 | 479,000 |
| Noninterest expense | 428,000 | 839,000 | 1,280,000 | 1,754,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 12,000 |
| Pretax income | 269,000 | 513,000 | 582,000 | 617,000 |
| Income tax | 53,000 | 100,000 | 110,000 | 115,000 |
| Net income | 216,000 | 413,000 | 472,000 | 502,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,037,000 | 7,194,000 | 7,202,000 | 7,203,000 |