Call reports 2023
INSTITUTION FOR SAVINGS IN NEWBURYPORT AND ITS VICINITY — 2023
What INSTITUTION FOR SAVINGS IN NEWBURYPORT AND ITS VICINITY 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 | 4,920,590,000 | 4,886,386,000 | 4,985,355,000 | 5,041,251,000 |
| Total loans | 3,718,754,000 | 3,807,052,000 | 3,878,832,000 | 4,010,415,000 |
| Allowance for loan losses | 13,365,000 | 14,050,000 | 14,051,000 | 14,036,000 |
| Securities available for sale | 85,124,000 | 82,504,000 | 77,851,000 | 115,562,000 |
| Securities held to maturity | 149,782,000 | 148,222,000 | 146,185,000 | 144,821,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,609,292,000 | 3,469,576,000 | 3,246,007,000 | 3,264,722,000 |
| Interest-bearing deposits | 3,389,490,000 | 3,262,313,000 | 3,047,639,000 | 3,061,560,000 |
| Noninterest-bearing deposits | 219,802,000 | 207,263,000 | 198,368,000 | 203,162,000 |
| Equity capital | 547,793,000 | 558,207,000 | 547,428,000 | 570,303,000 |
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 | 39,939,000 | 81,470,000 | 125,122,000 | 169,739,000 |
| Interest expense | 21,324,000 | 47,097,000 | 76,707,000 | 109,214,000 |
| Net interest income | 18,615,000 | 34,373,000 | 48,415,000 | 60,525,000 |
| Noninterest income | 1,737,000 | 3,548,000 | 4,955,000 | 5,979,000 |
| Noninterest expense | 13,930,000 | 27,449,000 | 40,954,000 | 57,515,000 |
| Provision for loan losses | 300,000 | 985,000 | 985,000 | 985,000 |
| Pretax income | 16,165,000 | 35,070,000 | 21,044,000 | 43,957,000 |
| Income tax | 2,003,000 | 4,422,000 | -598,000 | 3,199,000 |
| Net income | 14,162,000 | 30,648,000 | 21,642,000 | 40,758,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 545,407,000 | 561,994,000 | 553,086,000 | 572,302,000 |
| Total capital | 559,041,000 | 576,313,000 | 567,406,000 | 586,607,000 |
| Risk-weighted assets | 3,719,405,000 | 3,772,942,000 | 3,815,799,000 | 3,716,813,000 |