Call reports 2011
STATE BANK OF NIANTIC — 2011
What STATE BANK OF NIANTIC reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 60,883,000 | 58,493,000 | 60,182,000 | 57,063,000 |
| Total loans | 33,590,000 | 32,677,000 | 30,668,000 | 30,272,000 |
| Allowance for loan losses | 911,000 | 1,086,000 | 994,000 | 978,000 |
| Securities available for sale | 12,499,000 | 13,209,000 | 15,057,000 | 15,140,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,738,000 | 50,242,000 | 51,635,000 | 48,580,000 |
| Interest-bearing deposits | 48,510,000 | 46,198,000 | 46,565,000 | 43,899,000 |
| Noninterest-bearing deposits | 4,228,000 | 4,044,000 | 5,070,000 | 4,681,000 |
| Equity capital | 7,999,000 | 8,050,000 | 8,360,000 | 8,274,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 661,000 | 1,308,000 | 1,945,000 | 2,554,000 |
| Interest expense | 178,000 | 336,000 | 490,000 | 626,000 |
| Net interest income | 483,000 | 972,000 | 1,455,000 | 1,928,000 |
| Noninterest income | 97,000 | 236,000 | 368,000 | 467,000 |
| Noninterest expense | 492,000 | 1,084,000 | 1,533,000 | 2,020,000 |
| Provision for loan losses | 0 | 235,000 | 235,000 | 275,000 |
| Pretax income | 100,000 | -99,000 | 67,000 | 112,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 99,000 | -100,000 | 66,000 | 111,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,155,000 | 7,958,000 | 8,124,000 | 8,107,000 |
| Total capital | 8,616,000 | 8,407,000 | 8,565,000 | 8,531,000 |
| Risk-weighted assets | 36,437,000 | 35,254,000 | 34,757,000 | 33,360,000 |