Call reports 2020
EAST CAMBRIDGE SAVINGS BANK — 2020
What EAST CAMBRIDGE SAVINGS BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 1,150,627,000 | 1,172,830,000 | 1,199,451,000 | 1,207,455,000 |
| Total loans | 906,023,000 | 931,853,000 | 916,148,000 | 947,487,000 |
| Allowance for loan losses | 5,856,000 | 6,081,000 | 6,312,000 | 6,460,000 |
| Securities available for sale | 112,448,000 | 105,733,000 | 110,076,000 | 103,784,000 |
| Securities held to maturity | 9,786,000 | 13,810,000 | 13,284,000 | 13,471,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 966,416,000 | 1,007,166,000 | 1,031,137,000 | 1,043,533,000 |
| Interest-bearing deposits | 843,264,000 | 854,881,000 | 866,325,000 | 888,934,000 |
| Noninterest-bearing deposits | 123,152,000 | 152,285,000 | 164,812,000 | 154,599,000 |
| Equity capital | 116,002,000 | 117,317,000 | 119,011,000 | 124,664,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 10,607,000 | 20,951,000 | 30,965,000 | 41,360,000 |
| Interest expense | 2,784,000 | 4,935,000 | 6,631,000 | 8,045,000 |
| Net interest income | 7,823,000 | 16,016,000 | 24,334,000 | 33,315,000 |
| Noninterest income | 959,000 | 1,830,000 | 3,066,000 | 4,421,000 |
| Noninterest expense | 6,977,000 | 13,985,000 | 20,704,000 | 28,252,000 |
| Provision for loan losses | 645,000 | 855,000 | 1,082,000 | 1,349,000 |
| Pretax income | 1,160,000 | 3,006,000 | 5,614,000 | 8,135,000 |
| Income tax | 206,000 | 609,000 | 1,234,000 | 1,835,000 |
| Net income | 954,000 | 2,397,000 | 4,380,000 | 6,300,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 122,345,000 | 123,794,000 | 125,783,000 | 127,709,000 |
| Total capital | 128,201,000 | 129,875,000 | 132,095,000 | 134,169,000 |
| Risk-weighted assets | 761,165,000 | 768,751,000 | 750,119,000 | 786,671,000 |