Call reports 2003
COTTAGE SAVINGS BANK — 2003
What COTTAGE SAVINGS BANK 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 | 31,167,000 | 33,643,000 | 30,637,000 | 30,759,000 |
| Total loans | 15,870,000 | 20,873,000 | 23,293,000 | 22,878,000 |
| Allowance for loan losses | 183,000 | 186,000 | 233,000 | 251,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,856,000 | 27,036,000 | 24,571,000 | 24,704,000 |
| Interest-bearing deposits | 23,724,000 | 23,863,000 | 24,093,000 | 23,645,000 |
| Noninterest-bearing deposits | 1,132,000 | 3,173,000 | 478,000 | 1,059,000 |
| Equity capital | 5,713,000 | 5,847,000 | 5,907,000 | 5,953,000 |
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 | 308,000 | 624,000 | 960,000 | 1,319,000 |
| Interest expense | 153,000 | 304,000 | 448,000 | 586,000 |
| Net interest income | 155,000 | 320,000 | 512,000 | 733,000 |
| Noninterest income | 293,000 | 542,000 | 667,000 | 718,000 |
| Noninterest expense | 227,000 | 434,000 | 613,000 | 797,000 |
| Provision for loan losses | 19,000 | 22,000 | 69,000 | 87,000 |
| Pretax income | 202,000 | 406,000 | 497,000 | 567,000 |
| Income tax | 67,000 | 137,000 | 168,000 | 192,000 |
| Net income | 135,000 | 269,000 | 329,000 | 375,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,664,000 | 5,801,000 | 5,863,000 | 5,909,000 |
| Total capital | 5,847,000 | 5,987,000 | 6,069,000 | 6,114,000 |
| Risk-weighted assets | 15,555,000 | 16,315,000 | 16,469,000 | 16,337,000 |