Call reports 2021
ULSTER SAVINGS BANK — 2021
What ULSTER SAVINGS BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 1,213,695,000 | 1,289,398,000 | 1,279,748,000 | 1,269,160,000 |
| Total loans | 785,902,000 | 800,234,000 | 785,107,000 | 809,329,000 |
| Allowance for loan losses | 11,268,000 | 11,404,000 | 11,370,000 | 10,547,000 |
| Securities available for sale | 151,356,000 | 153,032,000 | 170,673,000 | 188,844,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,094,830,000 | 1,168,892,000 | 1,157,817,000 | 1,145,606,000 |
| Interest-bearing deposits | 892,837,000 | 957,115,000 | 939,608,000 | 944,073,000 |
| Noninterest-bearing deposits | 201,993,000 | 211,777,000 | 218,209,000 | 201,533,000 |
| Equity capital | 113,253,000 | 115,088,000 | 115,492,000 | 116,673,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 7,824,000 | 15,918,000 | 24,260,000 | 32,583,000 |
| Interest expense | 1,194,000 | 2,307,000 | 3,340,000 | 4,163,000 |
| Net interest income | 6,630,000 | 13,611,000 | 20,920,000 | 28,420,000 |
| Noninterest income | 6,009,000 | 10,043,000 | 14,509,000 | 18,458,000 |
| Noninterest expense | 9,773,000 | 19,588,000 | 29,783,000 | 39,877,000 |
| Provision for loan losses | 264,000 | 337,000 | 337,000 | -477,000 |
| Pretax income | 2,602,000 | 3,729,000 | 5,194,000 | 7,363,000 |
| Income tax | 518,000 | 725,000 | 1,004,000 | 1,270,000 |
| Net income | 2,084,000 | 3,004,000 | 4,190,000 | 6,093,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 111,123,000 | 112,047,000 | 113,236,000 | 114,969,000 |
| Total capital | 120,622,000 | 121,691,000 | 122,937,000 | 124,824,000 |
| Risk-weighted assets | 758,201,000 | 769,778,000 | 774,453,000 | 787,755,000 |