Call reports 2008
BAY STATE SAVINGS BANK — 2008
What BAY STATE SAVINGS BANK 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 | 307,150,000 | 308,411,000 | 299,132,000 | 297,232,000 |
| Total loans | 215,767,000 | 223,179,000 | 220,880,000 | 222,196,000 |
| Allowance for loan losses | 1,959,000 | 1,991,000 | 2,049,000 | 2,051,000 |
| Securities available for sale | 60,540,000 | 56,510,000 | 47,213,000 | 48,645,000 |
| Securities held to maturity | 615,000 | 615,000 | 590,000 | 590,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 220,007,000 | 221,328,000 | 216,168,000 | 214,841,000 |
| Interest-bearing deposits | 190,901,000 | 188,457,000 | 185,741,000 | 185,088,000 |
| Noninterest-bearing deposits | 29,106,000 | 32,871,000 | 30,427,000 | 29,753,000 |
| Equity capital | 28,377,000 | 27,827,000 | 23,925,000 | 23,348,000 |
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 | 4,392,000 | 8,682,000 | 12,867,000 | 16,904,000 |
| Interest expense | 2,069,000 | 3,898,000 | 5,604,000 | 7,225,000 |
| Net interest income | 2,323,000 | 4,784,000 | 7,263,000 | 9,679,000 |
| Noninterest income | 369,000 | 753,000 | 1,165,000 | 1,545,000 |
| Noninterest expense | 2,251,000 | 4,567,000 | 6,905,000 | 9,330,000 |
| Provision for loan losses | 37,000 | 78,000 | 124,000 | 171,000 |
| Pretax income | 532,000 | 1,164,000 | -3,051,000 | -3,876,000 |
| Income tax | 148,000 | 350,000 | -1,116,000 | -1,392,000 |
| Net income | 384,000 | 814,000 | -1,935,000 | -2,484,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,337,000 | 27,530,000 | 24,976,000 | 24,170,000 |
| Total capital | 29,296,000 | 29,521,000 | 27,025,000 | 26,221,000 |
| Risk-weighted assets | 204,334,000 | 210,284,000 | 205,506,000 | 198,559,000 |