Call reports 2021
CHELSEA SAVINGS BANK — 2021
What CHELSEA SAVINGS BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 197,239,000 | 198,833,000 | 192,683,000 | 194,185,000 |
| Total loans | 58,287,000 | 60,969,000 | 58,711,000 | 56,333,000 |
| Allowance for loan losses | 672,000 | 372,000 | 397,000 | 597,000 |
| Securities available for sale | 90,729,000 | 102,059,000 | 113,693,000 | 120,626,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 167,557,000 | 167,464,000 | 160,207,000 | 162,388,000 |
| Interest-bearing deposits | 126,831,000 | 129,062,000 | 123,520,000 | 126,722,000 |
| Noninterest-bearing deposits | 40,726,000 | 38,402,000 | 36,688,000 | 35,665,000 |
| Equity capital | 27,225,000 | 28,793,000 | 29,961,000 | 29,380,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,601,000 | 3,159,000 | 4,661,000 | 6,174,000 |
| Interest expense | 185,000 | 349,000 | 505,000 | 659,000 |
| Net interest income | 1,416,000 | 2,810,000 | 4,156,000 | 5,515,000 |
| Noninterest income | 68,000 | 165,000 | 287,000 | 428,000 |
| Noninterest expense | 754,000 | 1,533,000 | 2,297,000 | 3,333,000 |
| Provision for loan losses | 0 | 50,000 | 75,000 | 75,000 |
| Pretax income | 755,000 | 1,421,000 | 2,101,000 | 2,566,000 |
| Income tax | 57,000 | 73,000 | 106,000 | 123,000 |
| Net income | 698,000 | 1,348,000 | 1,995,000 | 2,443,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,335,000 | 24,602,000 | 25,075,000 | 25,463,000 |