Call reports 2010
BAY STATE SAVINGS BANK — 2010
What BAY STATE SAVINGS BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 287,009,000 | 282,992,000 | 280,401,000 | 273,600,000 |
| Total loans | 205,181,000 | 200,961,000 | 200,878,000 | 199,951,000 |
| Allowance for loan losses | 3,079,000 | 2,885,000 | 3,027,000 | 2,871,000 |
| Securities available for sale | 37,581,000 | 38,842,000 | 34,739,000 | 32,956,000 |
| Securities held to maturity | 590,000 | 590,000 | 540,000 | 540,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 220,971,000 | 220,128,000 | 219,210,000 | 217,178,000 |
| Interest-bearing deposits | 188,564,000 | 188,126,000 | 185,379,000 | 181,867,000 |
| Noninterest-bearing deposits | 32,407,000 | 32,002,000 | 33,831,000 | 35,311,000 |
| Equity capital | 26,612,000 | 26,734,000 | 26,806,000 | 26,749,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 3,358,000 | 6,800,000 | 10,085,000 | 13,301,000 |
| Interest expense | 928,000 | 1,812,000 | 2,629,000 | 3,346,000 |
| Net interest income | 2,430,000 | 4,988,000 | 7,456,000 | 9,955,000 |
| Noninterest income | 373,000 | 749,000 | 1,127,000 | 1,693,000 |
| Noninterest expense | 2,290,000 | 4,632,000 | 7,094,000 | 9,588,000 |
| Provision for loan losses | 145,000 | 393,000 | 652,000 | 848,000 |
| Pretax income | 297,000 | 641,000 | 532,000 | 888,000 |
| Income tax | 73,000 | 170,000 | 140,000 | 82,000 |
| Net income | 224,000 | 471,000 | 392,000 | 806,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,564,000 | 25,641,000 | 25,483,000 | 25,897,000 |
| Total capital | 27,816,000 | 27,856,000 | 27,685,000 | 28,080,000 |
| Risk-weighted assets | 179,367,000 | 176,548,000 | 175,318,000 | 173,977,000 |