Call reports 2023
CHELSEA SAVINGS BANK — 2023
What CHELSEA SAVINGS BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 178,850,000 | 186,255,000 | 179,875,000 | 187,371,000 |
| Total loans | 56,083,000 | 57,751,000 | 60,892,000 | 59,717,000 |
| Allowance for loan losses | 606,000 | 606,000 | 606,000 | 602,000 |
| Securities available for sale | 111,587,000 | 110,244,000 | 106,092,000 | 110,005,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 162,033,000 | 171,126,000 | 167,041,000 | 171,137,000 |
| Interest-bearing deposits | 128,119,000 | 134,612,000 | 129,443,000 | 132,346,000 |
| Noninterest-bearing deposits | 33,915,000 | 36,514,000 | 37,598,000 | 38,791,000 |
| Equity capital | 14,718,000 | 14,196,000 | 11,866,000 | 15,228,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,671,000 | 3,462,000 | 5,351,000 | 7,285,000 |
| Interest expense | 419,000 | 921,000 | 1,462,000 | 2,149,000 |
| Net interest income | 1,252,000 | 2,541,000 | 3,889,000 | 5,136,000 |
| Noninterest income | 72,000 | 143,000 | 236,000 | 360,000 |
| Noninterest expense | 749,000 | 1,523,000 | 2,291,000 | 3,259,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 575,000 | 1,163,000 | 1,836,000 | 2,239,000 |
| Income tax | 6,000 | 24,000 | 60,000 | 79,000 |
| Net income | 569,000 | 1,139,000 | 1,776,000 | 2,160,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,455,000 | 28,585,000 | 29,021,000 | 29,201,000 |