Call reports 2004
STATE BANK OF NIANTIC — 2004
What STATE BANK OF NIANTIC 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 | 46,034,000 | 46,068,000 | 46,890,000 | 47,040,000 |
| Total loans | 32,871,000 | 33,623,000 | 33,800,000 | 34,967,000 |
| Allowance for loan losses | 348,000 | 357,000 | 383,000 | 408,000 |
| Securities available for sale | 9,296,000 | 8,719,000 | 8,161,000 | 8,838,000 |
| Securities held to maturity | 407,000 | 406,000 | 406,000 | 251,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,659,000 | 37,825,000 | 38,421,000 | 38,394,000 |
| Interest-bearing deposits | 34,597,000 | 34,994,000 | 35,244,000 | 35,084,000 |
| Noninterest-bearing deposits | 3,062,000 | 2,831,000 | 3,177,000 | 3,310,000 |
| Equity capital | 7,083,000 | 6,952,000 | 7,167,000 | 7,358,000 |
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 | 723,000 | 1,459,000 | 2,213,000 | 2,949,000 |
| Interest expense | 204,000 | 400,000 | 597,000 | 803,000 |
| Net interest income | 519,000 | 1,059,000 | 1,616,000 | 2,146,000 |
| Noninterest income | 135,000 | 268,000 | 399,000 | 531,000 |
| Noninterest expense | 290,000 | 586,000 | 877,000 | 1,181,000 |
| Provision for loan losses | 30,000 | 80,000 | 130,000 | 180,000 |
| Pretax income | 334,000 | 661,000 | 1,008,000 | 1,316,000 |
| Income tax | 2,000 | 5,000 | 7,000 | 10,000 |
| Net income | 332,000 | 656,000 | 1,001,000 | 1,306,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,930,000 | 6,952,000 | 7,118,000 | 7,363,000 |
| Total capital | 7,278,000 | 7,309,000 | 7,501,000 | 7,771,000 |
| Risk-weighted assets | 31,568,000 | 32,255,000 | 32,545,000 | 33,248,000 |