Call reports 2010
STATE BANK OF NIANTIC — 2010
What STATE BANK OF NIANTIC reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 61,137,000 | 59,119,000 | 61,601,000 | 59,146,000 |
| Total loans | 40,584,000 | 40,132,000 | 38,054,000 | 35,695,000 |
| Allowance for loan losses | 573,000 | 1,190,000 | 1,272,000 | 999,000 |
| Securities available for sale | 10,407,000 | 10,810,000 | 9,020,000 | 10,298,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,459,000 | 49,857,000 | 52,461,000 | 51,105,000 |
| Interest-bearing deposits | 46,703,000 | 46,290,000 | 47,674,000 | 46,121,000 |
| Noninterest-bearing deposits | 4,756,000 | 3,567,000 | 4,787,000 | 4,984,000 |
| Equity capital | 9,498,000 | 9,050,000 | 8,923,000 | 7,883,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 825,000 | 1,661,000 | 2,422,000 | 3,139,000 |
| Interest expense | 238,000 | 459,000 | 672,000 | 868,000 |
| Net interest income | 587,000 | 1,202,000 | 1,750,000 | 2,271,000 |
| Noninterest income | 132,000 | 278,000 | 392,000 | 408,000 |
| Noninterest expense | 443,000 | 895,000 | 1,408,000 | 1,876,000 |
| Provision for loan losses | 203,000 | 880,000 | 1,155,000 | 2,025,000 |
| Pretax income | 73,000 | -290,000 | -305,000 | -1,094,000 |
| Income tax | 3,000 | 6,000 | 9,000 | 11,000 |
| Net income | 70,000 | -296,000 | -314,000 | -1,105,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,391,000 | 8,868,000 | 8,848,000 | 8,056,000 |
| Total capital | 9,904,000 | 9,376,000 | 9,425,000 | 8,520,000 |
| Risk-weighted assets | 41,051,000 | 39,675,000 | 38,659,000 | 36,545,000 |