Call reports 2021
EAST CAMBRIDGE SAVINGS BANK — 2021
What EAST CAMBRIDGE 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 | 1,228,490,000 | 1,248,157,000 | 1,285,805,000 | 1,317,811,000 |
| Total loans | 950,672,000 | 976,319,000 | 1,032,330,000 | 1,086,320,000 |
| Allowance for loan losses | 6,619,000 | 6,686,000 | 7,156,000 | 7,398,000 |
| Securities available for sale | 104,808,000 | 105,184,000 | 119,306,000 | 119,429,000 |
| Securities held to maturity | 13,333,000 | 12,738,000 | 12,523,000 | 14,855,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,074,663,000 | 1,092,265,000 | 1,132,378,000 | 1,152,798,000 |
| Interest-bearing deposits | 902,608,000 | 920,565,000 | 945,373,000 | 968,483,000 |
| Noninterest-bearing deposits | 172,055,000 | 171,700,000 | 187,005,000 | 184,315,000 |
| Equity capital | 124,970,000 | 127,338,000 | 128,922,000 | 132,236,000 |
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 | 10,128,000 | 20,205,000 | 30,731,000 | 41,576,000 |
| Interest expense | 1,208,000 | 2,336,000 | 3,407,000 | 4,359,000 |
| Net interest income | 8,920,000 | 17,869,000 | 27,324,000 | 37,217,000 |
| Noninterest income | 1,156,000 | 2,342,000 | 3,445,000 | 4,459,000 |
| Noninterest expense | 7,067,000 | 14,563,000 | 21,678,000 | 29,940,000 |
| Provision for loan losses | 158,000 | 258,000 | 680,000 | 928,000 |
| Pretax income | 2,851,000 | 5,390,000 | 8,411,000 | 10,808,000 |
| Income tax | 696,000 | 1,304,000 | 2,056,000 | 2,633,000 |
| Net income | 2,155,000 | 4,086,000 | 6,355,000 | 8,175,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 129,870,000 | 131,807,000 | 134,082,000 | 135,908,000 |
| Total capital | 136,489,000 | 138,493,000 | 141,238,000 | 143,306,000 |
| Risk-weighted assets | 790,662,000 | 817,057,000 | 792,814,000 | 929,659,000 |