Call reports 2023
CAMBRIDGE TRUST COMPANY — 2023
What CAMBRIDGE TRUST COMPANY 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 | 5,528,226,000 | 5,489,252,000 | 5,451,660,000 | 5,417,297,000 |
| Total loans | 4,018,082,000 | 4,025,226,000 | 4,028,581,000 | 4,021,544,000 |
| Allowance for loan losses | 38,005,000 | 38,073,000 | 38,194,000 | 38,944,000 |
| Securities available for sale | 152,183,000 | 144,306,000 | 136,253,000 | 137,838,000 |
| Securities held to maturity | 1,030,858,000 | 1,007,471,000 | 980,591,000 | 959,332,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,677,496,000 | 4,463,865,000 | 4,587,168,000 | 4,342,389,000 |
| Interest-bearing deposits | 3,490,133,000 | 3,383,027,000 | 3,529,076,000 | 3,288,764,000 |
| Noninterest-bearing deposits | 1,187,363,000 | 1,080,838,000 | 1,058,092,000 | 1,053,625,000 |
| Equity capital | 504,871,000 | 505,359,000 | 504,419,000 | 512,992,000 |
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 | 51,815,000 | 106,048,000 | 161,800,000 | 218,811,000 |
| Interest expense | 17,494,000 | 41,877,000 | 68,928,000 | 97,728,000 |
| Net interest income | 34,321,000 | 64,171,000 | 92,872,000 | 121,083,000 |
| Noninterest income | 10,642,000 | 20,583,000 | 31,077,000 | 41,453,000 |
| Noninterest expense | 28,301,000 | 58,603,000 | 88,207,000 | 115,064,000 |
| Provision for loan losses | 225,000 | 305,000 | 500,000 | 1,240,000 |
| Pretax income | 16,602,000 | 26,011,000 | 35,407,000 | 46,568,000 |
| Income tax | 4,167,000 | 6,428,000 | 9,248,000 | 12,343,000 |
| Net income | 12,435,000 | 19,583,000 | 26,159,000 | 34,225,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 451,842,000 | 454,627,000 | 456,694,000 | 459,650,000 |
| Total capital | 491,778,000 | 494,631,000 | 496,819,000 | 500,355,000 |
| Risk-weighted assets | 3,700,155,000 | 3,661,975,000 | 3,653,678,000 | 3,692,640,000 |