Call reports 2003
WELLS RIVER SAVINGS BANK — 2003
What WELLS RIVER SAVINGS BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 110,512,000 | 112,536,000 | 115,064,000 | 111,852,000 |
| Total loans | 68,586,000 | 68,042,000 | 65,630,000 | 64,092,000 |
| Allowance for loan losses | 850,000 | 835,000 | 855,000 | 852,000 |
| Securities available for sale | 31,726,000 | 34,185,000 | 33,922,000 | 35,890,000 |
| Securities held to maturity | 100,000 | 100,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,307,000 | 90,722,000 | 93,652,000 | 93,234,000 |
| Interest-bearing deposits | 79,306,000 | 79,451,000 | 81,454,000 | 80,459,000 |
| Noninterest-bearing deposits | 10,001,000 | 11,271,000 | 12,198,000 | 12,775,000 |
| Equity capital | 12,230,000 | 12,677,000 | 12,607,000 | 12,745,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,579,000 | 3,110,000 | 4,537,000 | 5,911,000 |
| Interest expense | 418,000 | 786,000 | 1,106,000 | 1,396,000 |
| Net interest income | 1,161,000 | 2,324,000 | 3,431,000 | 4,515,000 |
| Noninterest income | 147,000 | 293,000 | 446,000 | 709,000 |
| Noninterest expense | 1,022,000 | 2,135,000 | 3,153,000 | 4,311,000 |
| Provision for loan losses | 30,000 | 60,000 | 83,000 | 90,000 |
| Pretax income | 256,000 | 422,000 | 641,000 | 823,000 |
| Income tax | 50,000 | 70,000 | 116,000 | 126,000 |
| Net income | 206,000 | 352,000 | 525,000 | 697,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,336,000 | 11,482,000 | 11,656,000 | 11,828,000 |
| Total capital | 12,182,000 | 12,296,000 | 12,495,000 | 12,646,000 |
| Risk-weighted assets | 67,649,000 | 65,144,000 | 67,117,000 | 65,378,000 |