Call reports 2007
STATE BANK OF NIANTIC — 2007
What STATE BANK OF NIANTIC reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 52,092,000 | 50,620,000 | 51,246,000 | 51,794,000 |
| Total loans | 37,060,000 | 37,755,000 | 39,398,000 | 40,368,000 |
| Allowance for loan losses | 435,000 | 417,000 | 422,000 | 422,000 |
| Securities available for sale | 10,132,000 | 10,097,000 | 9,684,000 | 8,459,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,185,000 | 40,827,000 | 40,956,000 | 40,769,000 |
| Interest-bearing deposits | 37,455,000 | 37,475,000 | 37,287,000 | 37,161,000 |
| Noninterest-bearing deposits | 3,730,000 | 3,352,000 | 3,669,000 | 3,608,000 |
| Equity capital | 8,514,000 | 8,474,000 | 8,789,000 | 8,929,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 908,000 | 1,820,000 | 2,761,000 | 3,723,000 |
| Interest expense | 369,000 | 741,000 | 1,119,000 | 1,494,000 |
| Net interest income | 539,000 | 1,079,000 | 1,642,000 | 2,229,000 |
| Noninterest income | 159,000 | 308,000 | 475,000 | 667,000 |
| Noninterest expense | 359,000 | 723,000 | 1,057,000 | 1,396,000 |
| Provision for loan losses | 15,000 | 55,000 | 95,000 | 170,000 |
| Pretax income | 324,000 | 609,000 | 965,000 | 1,326,000 |
| Income tax | 2,000 | -39,000 | -37,000 | -35,000 |
| Net income | 322,000 | 648,000 | 1,002,000 | 1,361,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,581,000 | 8,606,000 | 8,791,000 | 8,865,000 |
| Total capital | 9,016,000 | 9,023,000 | 9,213,000 | 9,287,000 |
| Risk-weighted assets | 35,393,000 | 35,895,000 | 37,031,000 | 37,473,000 |