Call reports 2009
STATE BANK OF NIANTIC — 2009
What STATE BANK OF NIANTIC reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 57,060,000 | 58,879,000 | 59,436,000 | 59,311,000 |
| Total loans | 40,227,000 | 40,884,000 | 40,837,000 | 41,455,000 |
| Allowance for loan losses | 605,000 | 656,000 | 597,000 | 512,000 |
| Securities available for sale | 11,366,000 | 11,095,000 | 11,016,000 | 10,627,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,035,000 | 48,641,000 | 49,048,000 | 49,741,000 |
| Interest-bearing deposits | 41,756,000 | 44,408,000 | 45,582,000 | 44,491,000 |
| Noninterest-bearing deposits | 4,279,000 | 4,233,000 | 3,466,000 | 5,250,000 |
| Equity capital | 10,135,000 | 9,369,000 | 9,554,000 | 9,392,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 890,000 | 1,786,000 | 2,658,000 | 3,527,000 |
| Interest expense | 290,000 | 569,000 | 844,000 | 1,097,000 |
| Net interest income | 600,000 | 1,217,000 | 1,814,000 | 2,430,000 |
| Noninterest income | 269,000 | 453,000 | 676,000 | 952,000 |
| Noninterest expense | 353,000 | 719,000 | 1,121,000 | 1,534,000 |
| Provision for loan losses | 250,000 | 390,000 | 590,000 | 1,044,000 |
| Pretax income | 292,000 | 587,000 | 805,000 | 774,000 |
| Income tax | 12,000 | 15,000 | 17,000 | 20,000 |
| Net income | 280,000 | 572,000 | 788,000 | 754,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,994,000 | 9,351,000 | 9,404,000 | 9,321,000 |
| Total capital | 10,478,000 | 9,877,000 | 9,944,000 | 9,833,000 |
| Risk-weighted assets | 38,609,000 | 41,943,000 | 43,169,000 | 41,434,000 |