Call reports 2001
STATE BANK OF NIANTIC — 2001
What STATE BANK OF NIANTIC reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 36,885,000 | 37,429,000 | 39,061,000 | 40,220,000 |
| Total loans | 26,913,000 | 28,293,000 | 28,912,000 | 28,771,000 |
| Allowance for loan losses | 273,000 | 299,000 | 281,000 | 294,000 |
| Securities available for sale | 6,020,000 | 5,142,000 | 5,671,000 | 5,603,000 |
| Securities held to maturity | 2,135,000 | 2,089,000 | 2,088,000 | 1,940,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,348,000 | 30,560,000 | 32,114,000 | 33,376,000 |
| Interest-bearing deposits | 27,929,000 | 28,426,000 | 30,202,000 | 30,819,000 |
| Noninterest-bearing deposits | 2,419,000 | 2,134,000 | 1,912,000 | 2,557,000 |
| Equity capital | 5,302,000 | 5,389,000 | 5,593,000 | 5,506,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 762,000 | 1,529,000 | 2,305,000 | 3,077,000 |
| Interest expense | 371,000 | 727,000 | 1,083,000 | 1,419,000 |
| Net interest income | 391,000 | 802,000 | 1,222,000 | 1,658,000 |
| Noninterest income | 82,000 | 190,000 | 299,000 | 396,000 |
| Noninterest expense | 239,000 | 501,000 | 740,000 | 969,000 |
| Provision for loan losses | 20,000 | 50,000 | 80,000 | 140,000 |
| Pretax income | 215,000 | 442,000 | 702,000 | 946,000 |
| Income tax | 62,000 | 125,000 | 215,000 | 318,000 |
| Net income | 153,000 | 317,000 | 487,000 | 628,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,280,000 | 5,368,000 | 5,542,000 | 5,472,000 |
| Total capital | 5,553,000 | 5,667,000 | 5,823,000 | 5,766,000 |
| Risk-weighted assets | 25,268,000 | 26,712,000 | 28,110,000 | 28,232,000 |