Call reports 2003
SACO & BIDDEFORD SAVINGS INSTITUTION — 2003
What SACO & BIDDEFORD SAVINGS INSTITUTION reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 502,998,000 | 515,731,000 | 522,426,000 | 523,714,000 |
| Total loans | 310,275,000 | 325,054,000 | 339,543,000 | 357,776,000 |
| Allowance for loan losses | 2,703,000 | 2,763,000 | 2,820,000 | 2,818,000 |
| Securities available for sale | 163,715,000 | 159,554,000 | 158,867,000 | 141,993,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 360,444,000 | 367,328,000 | 372,691,000 | 371,811,000 |
| Interest-bearing deposits | 341,808,000 | 344,720,000 | 346,978,000 | 349,063,000 |
| Noninterest-bearing deposits | 18,636,000 | 22,608,000 | 25,713,000 | 22,748,000 |
| Equity capital | 54,647,000 | 56,784,000 | 58,532,000 | 59,285,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 7,370,000 | 14,595,000 | 21,585,000 | 28,532,000 |
| Interest expense | 3,472,000 | 6,882,000 | 10,176,000 | 13,395,000 |
| Net interest income | 3,898,000 | 7,713,000 | 11,409,000 | 15,137,000 |
| Noninterest income | 207,000 | 444,000 | 701,000 | 832,000 |
| Noninterest expense | 2,089,000 | 4,176,000 | 6,345,000 | 8,682,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,976,000 | 4,302,000 | 6,264,000 | 7,853,000 |
| Income tax | 660,000 | 1,445,000 | 2,115,000 | 2,690,000 |
| Net income | 1,316,000 | 2,857,000 | 4,149,000 | 5,163,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,728,000 | 52,314,000 | 54,694,000 | 55,708,000 |
| Total capital | 53,431,000 | 55,226,000 | 57,688,000 | 58,964,000 |
| Risk-weighted assets | 282,541,000 | 290,031,000 | 277,878,000 | 289,286,000 |