Call reports 2022
SOUTH SHORE BANK — 2022
What SOUTH SHORE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 2,073,047,000 | 2,109,761,000 | 2,140,127,000 | 2,111,040,000 |
| Total loans | 1,306,274,000 | 1,373,689,000 | 1,382,708,000 | 1,393,571,000 |
| Allowance for loan losses | 20,045,000 | 20,073,000 | 20,086,000 | 20,077,000 |
| Securities available for sale | 434,956,000 | 472,829,000 | 491,551,000 | 534,787,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,820,644,000 | 1,856,246,000 | 1,910,555,000 | 1,876,111,000 |
| Interest-bearing deposits | 1,312,822,000 | 1,324,952,000 | 1,402,165,000 | 1,373,102,000 |
| Noninterest-bearing deposits | 507,822,000 | 531,294,000 | 508,390,000 | 503,009,000 |
| Equity capital | 176,590,000 | 170,666,000 | 162,527,000 | 172,431,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 14,583,000 | 30,323,000 | 48,331,000 | 68,932,000 |
| Interest expense | 952,000 | 1,864,000 | 3,762,000 | 7,896,000 |
| Net interest income | 13,631,000 | 28,459,000 | 44,569,000 | 61,036,000 |
| Noninterest income | 1,452,000 | 3,051,000 | 4,554,000 | 5,675,000 |
| Noninterest expense | 10,200,000 | 20,541,000 | 30,814,000 | 41,781,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 4,887,000 | 10,954,000 | 18,286,000 | 28,539,000 |
| Income tax | 1,368,000 | 3,067,000 | 5,120,000 | 7,888,000 |
| Net income | 3,519,000 | 7,887,000 | 13,166,000 | 20,651,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 181,347,000 | 185,759,000 | 191,531,000 | 199,056,000 |
| Total capital | 197,904,000 | 203,346,000 | 209,413,000 | 216,950,000 |
| Risk-weighted assets | 1,319,736,000 | 1,403,157,000 | 1,427,044,000 | 1,428,063,000 |
Machine access — free, no API key
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