Call reports 2003
BAY STATE SAVINGS BANK — 2003
What BAY STATE 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 | 257,496,000 | 244,475,000 | 249,257,000 | 246,280,000 |
| Total loans | 156,681,000 | 158,307,000 | 161,515,000 | 162,655,000 |
| Allowance for loan losses | 1,318,000 | 1,423,000 | 1,482,000 | 1,622,000 |
| Securities available for sale | 51,632,000 | 48,866,000 | 62,951,000 | 63,586,000 |
| Securities held to maturity | 50,000 | 75,000 | 75,000 | 75,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 222,549,000 | 209,877,000 | 214,268,000 | 210,843,000 |
| Interest-bearing deposits | 196,263,000 | 180,286,000 | 184,580,000 | 180,045,000 |
| Noninterest-bearing deposits | 26,286,000 | 29,591,000 | 29,688,000 | 30,798,000 |
| Equity capital | 20,955,000 | 22,153,000 | 22,598,000 | 23,038,000 |
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 | 3,250,000 | 6,446,000 | 9,589,000 | 12,812,000 |
| Interest expense | 990,000 | 1,899,000 | 2,692,000 | 3,443,000 |
| Net interest income | 2,260,000 | 4,547,000 | 6,897,000 | 9,369,000 |
| Noninterest income | 272,000 | 519,000 | 754,000 | 1,020,000 |
| Noninterest expense | 1,842,000 | 3,871,000 | 5,797,000 | 7,897,000 |
| Provision for loan losses | 105,000 | 210,000 | 315,000 | 420,000 |
| Pretax income | 685,000 | 1,403,000 | 1,955,000 | 2,826,000 |
| Income tax | 235,000 | 464,000 | 651,000 | 932,000 |
| Net income | 450,000 | 939,000 | 1,304,000 | 1,894,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,098,000 | 20,838,000 | 21,207,000 | 21,913,000 |
| Total capital | 21,416,000 | 22,261,000 | 22,689,000 | 23,535,000 |
| Risk-weighted assets | 164,976,000 | 161,793,000 | 167,089,000 | 165,575,000 |