Call reports 2008
SACO & BIDDEFORD SAVINGS INSTITUTION — 2008
What SACO & BIDDEFORD SAVINGS INSTITUTION reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 709,330,000 | 723,090,000 | 727,024,000 | 736,617,000 |
| Total loans | 555,973,000 | 568,691,000 | 596,230,000 | 607,601,000 |
| Allowance for loan losses | 2,719,000 | 2,747,000 | 2,718,000 | 2,721,000 |
| Securities available for sale | 102,380,000 | 102,326,000 | 78,153,000 | 72,560,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 438,348,000 | 444,596,000 | 447,857,000 | 460,596,000 |
| Interest-bearing deposits | 412,494,000 | 416,559,000 | 418,119,000 | 434,286,000 |
| Noninterest-bearing deposits | 25,854,000 | 28,037,000 | 29,738,000 | 26,310,000 |
| Equity capital | 69,363,000 | 68,652,000 | 63,487,000 | 60,249,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 10,141,000 | 20,401,000 | 30,847,000 | 41,214,000 |
| Interest expense | 6,251,000 | 12,348,000 | 18,284,000 | 24,072,000 |
| Net interest income | 3,890,000 | 8,053,000 | 12,563,000 | 17,142,000 |
| Noninterest income | 369,000 | 783,000 | 1,237,000 | 1,622,000 |
| Noninterest expense | 3,415,000 | 6,922,000 | 10,517,000 | 14,314,000 |
| Provision for loan losses | 17,000 | 26,000 | 34,000 | 107,000 |
| Pretax income | 950,000 | 2,423,000 | -1,473,000 | -3,197,000 |
| Income tax | 241,000 | 638,000 | -804,000 | -1,460,000 |
| Net income | 709,000 | 1,785,000 | -669,000 | -1,737,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 70,223,000 | 71,058,000 | 68,146,000 | 66,722,000 |
| Total capital | 72,994,000 | 73,809,000 | 70,879,000 | 69,467,000 |
| Risk-weighted assets | 451,735,000 | 463,857,000 | 475,044,000 | 475,253,000 |