Call reports 2017
ULSTER SAVINGS BANK — 2017
What ULSTER SAVINGS BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 814,359,000 | 828,292,000 | 819,325,000 | 841,261,000 |
| Total loans | 613,505,000 | 638,486,000 | 658,255,000 | 677,082,000 |
| Allowance for loan losses | 8,182,000 | 8,231,000 | 8,380,000 | 8,003,000 |
| Securities available for sale | 73,523,000 | 71,259,000 | 78,499,000 | 72,718,000 |
| Securities held to maturity | 9,451,000 | 9,026,000 | 210,000 | 30,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 702,900,000 | 721,822,000 | 711,465,000 | 723,309,000 |
| Interest-bearing deposits | 606,336,000 | 618,246,000 | 602,335,000 | 615,953,000 |
| Noninterest-bearing deposits | 96,564,000 | 103,576,000 | 109,130,000 | 107,356,000 |
| Equity capital | 94,039,000 | 94,804,000 | 95,679,000 | 94,829,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 7,222,000 | 14,613,000 | 22,457,000 | 30,333,000 |
| Interest expense | 783,000 | 1,585,000 | 2,438,000 | 3,266,000 |
| Net interest income | 6,439,000 | 13,028,000 | 20,019,000 | 27,067,000 |
| Noninterest income | 4,126,000 | 7,786,000 | 12,015,000 | 15,017,000 |
| Noninterest expense | 9,403,000 | 18,429,000 | 28,373,000 | 38,059,000 |
| Provision for loan losses | 239,000 | 442,000 | 742,000 | 1,007,000 |
| Pretax income | 1,702,000 | 2,723,000 | 3,711,000 | 3,723,000 |
| Income tax | 539,000 | 841,000 | 977,000 | 1,592,000 |
| Net income | 1,163,000 | 1,882,000 | 2,734,000 | 2,131,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 87,771,000 | 88,190,000 | 89,007,000 | 89,465,000 |
| Total capital | 94,506,000 | 95,283,000 | 96,215,000 | 96,925,000 |
| Risk-weighted assets | 536,013,000 | 565,021,000 | 574,133,000 | 595,488,000 |