Call reports 2017
EAST CAMBRIDGE SAVINGS BANK — 2017
What EAST CAMBRIDGE 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 | 1,018,382,000 | 1,050,344,000 | 1,060,597,000 | 1,036,662,000 |
| Total loans | 800,231,000 | 832,957,000 | 827,357,000 | 824,903,000 |
| Allowance for loan losses | 4,690,000 | 4,691,000 | 4,692,000 | 4,728,000 |
| Securities available for sale | 110,550,000 | 111,950,000 | 110,521,000 | 104,835,000 |
| Securities held to maturity | 13,130,000 | 12,862,000 | 12,574,000 | 12,257,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 876,749,000 | 881,805,000 | 881,788,000 | 863,798,000 |
| Interest-bearing deposits | 741,186,000 | 748,332,000 | 748,478,000 | 736,592,000 |
| Noninterest-bearing deposits | 135,563,000 | 133,473,000 | 133,310,000 | 127,206,000 |
| Equity capital | 98,286,000 | 99,673,000 | 104,183,000 | 101,149,000 |
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 | 8,661,000 | 17,612,000 | 26,693,000 | 35,891,000 |
| Interest expense | 1,215,000 | 2,547,000 | 3,973,000 | 5,404,000 |
| Net interest income | 7,446,000 | 15,065,000 | 22,720,000 | 30,487,000 |
| Noninterest income | 898,000 | 1,823,000 | 2,771,000 | 3,763,000 |
| Noninterest expense | 7,049,000 | 14,006,000 | 20,545,000 | 27,254,000 |
| Provision for loan losses | 0 | 2,000 | 4,000 | 72,000 |
| Pretax income | 1,295,000 | 2,880,000 | 4,942,000 | 6,924,000 |
| Income tax | 384,000 | 858,000 | 1,533,000 | 4,729,000 |
| Net income | 911,000 | 2,022,000 | 3,409,000 | 2,195,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 103,151,000 | 104,271,000 | 108,667,000 | 108,499,000 |
| Total capital | 107,841,000 | 108,962,000 | 113,359,000 | 113,227,000 |
| Risk-weighted assets | 676,344,000 | 696,581,000 | 691,276,000 | 691,127,000 |