Call reports 2006
STATE BANK OF NIANTIC — 2006
What STATE BANK OF NIANTIC reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 48,353,000 | 48,149,000 | 51,134,000 | 51,545,000 |
| Total loans | 36,158,000 | 37,800,000 | 38,274,000 | 37,486,000 |
| Allowance for loan losses | 407,000 | 417,000 | 432,000 | 432,000 |
| Securities available for sale | 8,246,000 | 8,187,000 | 8,254,000 | 9,592,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,605,000 | 36,568,000 | 40,039,000 | 40,356,000 |
| Interest-bearing deposits | 34,479,000 | 33,345,000 | 36,540,000 | 36,652,000 |
| Noninterest-bearing deposits | 3,126,000 | 3,223,000 | 3,499,000 | 3,704,000 |
| Equity capital | 7,967,000 | 7,902,000 | 8,183,000 | 8,275,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 794,000 | 1,612,000 | 2,471,000 | 3,395,000 |
| Interest expense | 264,000 | 554,000 | 882,000 | 1,247,000 |
| Net interest income | 530,000 | 1,058,000 | 1,589,000 | 2,148,000 |
| Noninterest income | 161,000 | 341,000 | 559,000 | 680,000 |
| Noninterest expense | 325,000 | 666,000 | 981,000 | 1,330,000 |
| Provision for loan losses | 40,000 | 75,000 | 125,000 | 150,000 |
| Pretax income | 326,000 | 658,000 | 1,042,000 | 1,348,000 |
| Income tax | 2,000 | 5,000 | 7,000 | 10,000 |
| Net income | 324,000 | 653,000 | 1,035,000 | 1,338,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,127,000 | 8,104,000 | 8,288,000 | 8,371,000 |
| Total capital | 8,534,000 | 8,521,000 | 8,720,000 | 8,803,000 |
| Risk-weighted assets | 33,802,000 | 34,861,000 | 35,985,000 | 35,512,000 |