Call reports 2005
STATE BANK OF NIANTIC — 2005
What STATE BANK OF NIANTIC reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 47,196,000 | 48,034,000 | 48,708,000 | 47,740,000 |
| Total loans | 34,185,000 | 35,598,000 | 36,307,000 | 36,316,000 |
| Allowance for loan losses | 441,000 | 434,000 | 445,000 | 409,000 |
| Securities available for sale | 9,334,000 | 9,714,000 | 9,303,000 | 8,821,000 |
| Securities held to maturity | 250,000 | 250,000 | 150,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,629,000 | 36,543,000 | 37,809,000 | 37,777,000 |
| Interest-bearing deposits | 35,165,000 | 33,234,000 | 34,725,000 | 34,653,000 |
| Noninterest-bearing deposits | 3,464,000 | 3,309,000 | 3,084,000 | 3,124,000 |
| Equity capital | 7,305,000 | 7,503,000 | 7,623,000 | 7,672,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 748,000 | 1,524,000 | 2,309,000 | 3,086,000 |
| Interest expense | 203,000 | 415,000 | 657,000 | 923,000 |
| Net interest income | 545,000 | 1,109,000 | 1,652,000 | 2,163,000 |
| Noninterest income | 149,000 | 322,000 | 485,000 | 663,000 |
| Noninterest expense | 304,000 | 612,000 | 948,000 | 1,271,000 |
| Provision for loan losses | 300,000 | 315,000 | 355,000 | 415,000 |
| Pretax income | 90,000 | 504,000 | 834,000 | 1,140,000 |
| Income tax | 8,000 | 10,000 | 12,000 | 15,000 |
| Net income | 82,000 | 494,000 | 822,000 | 1,125,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,411,000 | 7,562,000 | 7,729,000 | 7,806,000 |
| Total capital | 7,820,000 | 7,985,000 | 8,160,000 | 8,215,000 |
| Risk-weighted assets | 32,715,000 | 33,827,000 | 34,485,000 | 34,003,000 |