Call reports 2020
CAMBRIDGE TRUST COMPANY — 2020
What CAMBRIDGE TRUST COMPANY 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 | 2,852,610,000 | 4,022,465,000 | 3,986,816,000 | 3,949,004,000 |
| Total loans | 2,258,677,000 | 3,335,499,000 | 3,291,665,000 | 3,160,557,000 |
| Allowance for loan losses | 20,163,000 | 34,014,000 | 35,920,000 | 36,016,000 |
| Securities available for sale | 117,947,000 | 134,227,000 | 152,105,000 | 237,030,000 |
| Securities held to maturity | 246,906,000 | 244,551,000 | 240,015,000 | 247,672,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,396,020,000 | 3,284,014,000 | 3,340,132,000 | 3,405,004,000 |
| Interest-bearing deposits | 1,782,120,000 | 2,345,998,000 | 2,320,559,000 | 2,396,951,000 |
| Noninterest-bearing deposits | 613,900,000 | 938,016,000 | 1,019,573,000 | 1,008,053,000 |
| Equity capital | 292,079,000 | 384,526,000 | 394,699,000 | 399,519,000 |
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 | 26,131,000 | 56,734,000 | 93,739,000 | 129,950,000 |
| Interest expense | 3,695,000 | 5,374,000 | 7,103,000 | 8,702,000 |
| Net interest income | 22,436,000 | 51,360,000 | 86,636,000 | 121,248,000 |
| Noninterest income | 8,782,000 | 17,613,000 | 28,422,000 | 38,885,000 |
| Noninterest expense | 19,863,000 | 45,864,000 | 71,161,000 | 98,215,000 |
| Provision for loan losses | 2,043,000 | 7,310,000 | 9,429,000 | 9,351,000 |
| Pretax income | 9,312,000 | 7,149,000 | 25,818,000 | 43,917,000 |
| Income tax | 2,067,000 | 1,553,000 | 6,633,000 | 11,557,000 |
| Net income | 7,245,000 | 5,596,000 | 19,185,000 | 32,360,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 253,361,000 | 324,202,000 | 335,030,000 | 342,229,000 |
| Total capital | 273,807,000 | 359,380,000 | 370,042,000 | 376,209,000 |
| Risk-weighted assets | 2,052,359,000 | 2,831,959,000 | 2,799,005,000 | 2,715,403,000 |