Call reports 2002
BAY STATE SAVINGS BANK — 2002
What BAY STATE SAVINGS BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 207,751,000 | 216,022,000 | 232,274,000 | 235,035,000 |
| Total loans | 161,920,000 | 165,562,000 | 163,704,000 | 160,448,000 |
| Allowance for loan losses | 1,048,000 | 1,124,000 | 1,227,000 | 1,229,000 |
| Securities available for sale | 30,365,000 | 27,977,000 | 33,577,000 | 42,662,000 |
| Securities held to maturity | 50,000 | 50,000 | 50,000 | 50,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 181,422,000 | 187,520,000 | 199,758,000 | 200,814,000 |
| Interest-bearing deposits | 156,061,000 | 162,887,000 | 174,937,000 | 176,589,000 |
| Noninterest-bearing deposits | 25,361,000 | 24,633,000 | 24,821,000 | 24,225,000 |
| Equity capital | 18,538,000 | 18,831,000 | 19,116,000 | 20,271,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 3,212,000 | 6,472,000 | 9,744,000 | 13,067,000 |
| Interest expense | 980,000 | 1,946,000 | 2,978,000 | 3,995,000 |
| Net interest income | 2,232,000 | 4,526,000 | 6,766,000 | 9,072,000 |
| Noninterest income | 194,000 | 449,000 | 634,000 | 889,000 |
| Noninterest expense | 1,633,000 | 3,329,000 | 5,015,000 | 6,768,000 |
| Provision for loan losses | 64,000 | 142,000 | 237,000 | 342,000 |
| Pretax income | 745,000 | 1,473,000 | 1,953,000 | 2,617,000 |
| Income tax | 273,000 | 550,000 | 630,000 | 860,000 |
| Net income | 472,000 | 923,000 | 1,323,000 | 1,757,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,557,000 | 18,875,000 | 19,173,000 | 19,693,000 |
| Total capital | 19,605,000 | 19,999,000 | 20,400,000 | 20,922,000 |
| Risk-weighted assets | 140,567,000 | 144,612,000 | 152,957,000 | 154,299,000 |