Call reports 2022
WATERFORD COMMERCIAL AND SAVINGS BANK, THE — 2022
What WATERFORD COMMERCIAL AND SAVINGS BANK, THE reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 58,533,000 | 61,053,000 | 60,227,000 | 56,541,000 |
| Total loans | 29,639,000 | 30,457,000 | 30,721,000 | 30,888,000 |
| Allowance for loan losses | 193,000 | 170,000 | 173,000 | 173,000 |
| Securities available for sale | 18,397,000 | 18,382,000 | 17,702,000 | 17,410,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,887,000 | 54,792,000 | 54,479,000 | 50,638,000 |
| Interest-bearing deposits | 37,307,000 | 40,575,000 | 40,925,000 | 37,055,000 |
| Noninterest-bearing deposits | 14,580,000 | 14,217,000 | 13,554,000 | 13,583,000 |
| Equity capital | 6,525,000 | 6,194,000 | 5,712,000 | 5,875,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 438,000 | 896,000 | 1,378,000 | 1,863,000 |
| Interest expense | 27,000 | 54,000 | 86,000 | 113,000 |
| Net interest income | 411,000 | 842,000 | 1,292,000 | 1,750,000 |
| Noninterest income | 96,000 | 193,000 | 286,000 | 376,000 |
| Noninterest expense | 408,000 | 827,000 | 1,278,000 | 1,744,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 12,000 |
| Pretax income | 99,000 | 197,000 | 280,000 | 367,000 |
| Income tax | 17,000 | 35,000 | 48,000 | 65,000 |
| Net income | 82,000 | 162,000 | 232,000 | 302,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,255,000 | 7,305,000 | 7,345,000 | 7,385,000 |