Call reports 2004
BAY STATE SAVINGS BANK — 2004
What BAY STATE SAVINGS BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 259,150,000 | 259,778,000 | 256,664,000 | 258,886,000 |
| Total loans | 163,628,000 | 169,975,000 | 172,640,000 | 179,518,000 |
| Allowance for loan losses | 1,634,000 | 1,653,000 | 1,493,000 | 1,467,000 |
| Securities available for sale | 57,396,000 | 63,494,000 | 61,546,000 | 60,273,000 |
| Securities held to maturity | 75,000 | 75,000 | 75,000 | 75,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 211,038,000 | 214,778,000 | 209,582,000 | 204,992,000 |
| Interest-bearing deposits | 182,511,000 | 180,980,000 | 176,096,000 | 173,300,000 |
| Noninterest-bearing deposits | 28,527,000 | 33,798,000 | 33,486,000 | 31,692,000 |
| Equity capital | 23,579,000 | 23,008,000 | 23,956,000 | 24,321,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 3,170,000 | 6,354,000 | 9,669,000 | 12,990,000 |
| Interest expense | 754,000 | 1,526,000 | 2,297,000 | 3,080,000 |
| Net interest income | 2,416,000 | 4,828,000 | 7,372,000 | 9,910,000 |
| Noninterest income | 223,000 | 523,000 | 773,000 | 1,084,000 |
| Noninterest expense | 2,093,000 | 4,308,000 | 6,387,000 | 8,676,000 |
| Provision for loan losses | 36,000 | 72,000 | 108,000 | 144,000 |
| Pretax income | 889,000 | 1,422,000 | 2,191,000 | 2,775,000 |
| Income tax | 305,000 | 482,000 | 748,000 | 959,000 |
| Net income | 584,000 | 940,000 | 1,443,000 | 1,816,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,497,000 | 22,853,000 | 23,356,000 | 23,729,000 |
| Total capital | 24,131,000 | 24,506,000 | 24,849,000 | 25,314,000 |
| Risk-weighted assets | 167,897,000 | 172,825,000 | 172,024,000 | 175,491,000 |