Call reports 2013
STATE BANK OF NIANTIC — 2013
What STATE BANK OF NIANTIC reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 59,292,000 | 56,480,000 | 54,511,000 | 53,412,000 |
| Total loans | 24,672,000 | 23,004,000 | 23,378,000 | 24,467,000 |
| Allowance for loan losses | 648,000 | 541,000 | 532,000 | 552,000 |
| Securities available for sale | 19,445,000 | 20,242,000 | 19,895,000 | 19,667,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,688,000 | 47,783,000 | 46,415,000 | 45,220,000 |
| Interest-bearing deposits | 43,972,000 | 42,840,000 | 41,835,000 | 39,593,000 |
| Noninterest-bearing deposits | 6,716,000 | 4,943,000 | 4,580,000 | 5,627,000 |
| Equity capital | 8,398,000 | 7,751,000 | 7,926,000 | 7,867,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 484,000 | 960,000 | 1,416,000 | 1,874,000 |
| Interest expense | 73,000 | 129,000 | 176,000 | 219,000 |
| Net interest income | 411,000 | 831,000 | 1,240,000 | 1,655,000 |
| Noninterest income | 106,000 | 183,000 | 285,000 | 326,000 |
| Noninterest expense | 448,000 | 929,000 | 1,335,000 | 1,777,000 |
| Provision for loan losses | 28,000 | 68,000 | 78,000 | 79,000 |
| Pretax income | 41,000 | 46,000 | 141,000 | 154,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 41,000 | 46,000 | 141,000 | 154,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,117,000 | 8,105,000 | 8,183,000 | 8,197,000 |
| Total capital | 8,601,000 | 8,282,000 | 8,672,000 | 8,676,000 |
| Risk-weighted assets | 38,921,000 | 36,968,000 | 39,444,000 | 38,325,000 |