Call reports 2018
ULSTER SAVINGS BANK — 2018
What ULSTER SAVINGS BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 856,142,000 | 874,679,000 | 881,272,000 | 896,328,000 |
| Total loans | 689,703,000 | 699,156,000 | 715,809,000 | 728,996,000 |
| Allowance for loan losses | 7,225,000 | 7,566,000 | 7,979,000 | 8,481,000 |
| Securities available for sale | 69,213,000 | 70,506,000 | 75,799,000 | 77,839,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 747,805,000 | 770,504,000 | 772,997,000 | 774,562,000 |
| Interest-bearing deposits | 636,679,000 | 655,359,000 | 641,528,000 | 651,383,000 |
| Noninterest-bearing deposits | 111,126,000 | 115,145,000 | 131,469,000 | 123,179,000 |
| Equity capital | 95,287,000 | 95,965,000 | 96,631,000 | 98,516,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 7,501,000 | 15,158,000 | 23,206,000 | 31,710,000 |
| Interest expense | 908,000 | 1,960,000 | 3,096,000 | 4,314,000 |
| Net interest income | 6,593,000 | 13,198,000 | 20,110,000 | 27,396,000 |
| Noninterest income | 3,642,000 | 6,999,000 | 10,159,000 | 13,290,000 |
| Noninterest expense | 8,951,000 | 17,508,000 | 25,844,000 | 34,933,000 |
| Provision for loan losses | 107,000 | 402,000 | 857,000 | 1,364,000 |
| Pretax income | 1,177,000 | 2,287,000 | 3,568,000 | 4,389,000 |
| Income tax | 220,000 | 434,000 | 674,000 | 600,000 |
| Net income | 957,000 | 1,853,000 | 2,894,000 | 3,789,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 90,559,000 | 91,450,000 | 92,430,000 | 94,574,000 |
| Total capital | 97,805,000 | 99,037,000 | 100,357,000 | 102,683,000 |
| Risk-weighted assets | 602,251,000 | 616,693,000 | 634,129,000 | 648,389,000 |