Call reports 2009
BAY STATE SAVINGS BANK — 2009
What BAY STATE SAVINGS BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 301,345,000 | 291,617,000 | 286,552,000 | 288,549,000 |
| Total loans | 215,421,000 | 209,492,000 | 206,895,000 | 205,748,000 |
| Allowance for loan losses | 2,019,000 | 2,508,000 | 2,525,000 | 2,863,000 |
| Securities available for sale | 44,189,000 | 47,072,000 | 42,495,000 | 35,346,000 |
| Securities held to maturity | 590,000 | 590,000 | 590,000 | 590,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 220,910,000 | 222,913,000 | 218,681,000 | 219,237,000 |
| Interest-bearing deposits | 190,187,000 | 193,170,000 | 187,790,000 | 186,985,000 |
| Noninterest-bearing deposits | 30,723,000 | 29,743,000 | 30,891,000 | 32,252,000 |
| Equity capital | 23,280,000 | 24,178,000 | 25,255,000 | 26,050,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 3,952,000 | 7,713,000 | 11,409,000 | 14,940,000 |
| Interest expense | 1,483,000 | 2,964,000 | 4,044,000 | 5,020,000 |
| Net interest income | 2,469,000 | 4,749,000 | 7,365,000 | 9,920,000 |
| Noninterest income | 356,000 | 762,000 | 1,164,000 | 1,560,000 |
| Noninterest expense | 2,258,000 | 4,557,000 | 7,022,000 | 9,137,000 |
| Provision for loan losses | 58,000 | 544,000 | 595,000 | 941,000 |
| Pretax income | 342,000 | -284,000 | 240,000 | 889,000 |
| Income tax | 88,000 | -221,000 | -70,000 | 348,000 |
| Net income | 254,000 | -63,000 | 310,000 | 541,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,219,000 | 24,380,000 | 24,918,000 | 25,307,000 |
| Total capital | 26,238,000 | 26,743,000 | 27,227,000 | 27,583,000 |
| Risk-weighted assets | 196,264,000 | 188,936,000 | 184,529,000 | 181,557,000 |