Call reports 2020
CHELSEA SAVINGS BANK — 2020
What CHELSEA SAVINGS BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 118,966,000 | 126,859,000 | 175,758,000 | 194,427,000 |
| Total loans | 52,574,000 | 52,968,000 | 64,689,000 | 58,397,000 |
| Allowance for loan losses | 421,000 | 496,000 | 778,000 | 671,000 |
| Securities available for sale | 55,472,000 | 57,090,000 | 81,452,000 | 90,513,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 99,654,000 | 105,349,000 | 144,643,000 | 163,289,000 |
| Interest-bearing deposits | 83,391,000 | 84,492,000 | 110,741,000 | 123,162,000 |
| Noninterest-bearing deposits | 16,263,000 | 20,857,000 | 33,902,000 | 40,128,000 |
| Equity capital | 18,357,000 | 20,425,000 | 28,372,000 | 28,491,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,163,000 | 2,353,000 | 4,522,000 | 5,925,000 |
| Interest expense | 190,000 | 369,000 | 718,000 | 930,000 |
| Net interest income | 973,000 | 1,984,000 | 3,804,000 | 4,995,000 |
| Noninterest income | 65,000 | 160,000 | 262,000 | 374,000 |
| Noninterest expense | 584,000 | 1,114,000 | 2,196,000 | 3,196,000 |
| Provision for loan losses | 0 | 150,000 | 240,000 | 135,000 |
| Pretax income | 455,000 | 882,000 | 1,627,000 | 2,039,000 |
| Income tax | 51,000 | 90,000 | 113,000 | 86,000 |
| Net income | 404,000 | 792,000 | 1,514,000 | 1,953,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,586,000 | 18,511,000 | 23,421,000 | 23,575,000 |