Call reports 2023
EAST CAMBRIDGE SAVINGS BANK — 2023
What EAST CAMBRIDGE SAVINGS BANK 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 | 1,619,018,000 | 1,604,208,000 | 1,603,173,000 | 1,608,517,000 |
| Total loans | 1,361,975,000 | 1,353,685,000 | 1,345,704,000 | 1,341,271,000 |
| Allowance for loan losses | 7,478,000 | 7,229,000 | 7,205,000 | 7,540,000 |
| Securities available for sale | 96,037,000 | 93,000,000 | 87,199,000 | 91,267,000 |
| Securities held to maturity | 34,420,000 | 38,474,000 | 44,460,000 | 44,139,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,459,508,000 | 1,395,061,000 | 1,370,044,000 | 1,310,601,000 |
| Interest-bearing deposits | 1,269,745,000 | 1,220,213,000 | 1,190,863,000 | 1,140,437,000 |
| Noninterest-bearing deposits | 189,763,000 | 174,848,000 | 179,181,000 | 170,164,000 |
| Equity capital | 132,782,000 | 133,646,000 | 131,612,000 | 139,626,000 |
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 | 16,502,000 | 33,053,000 | 49,822,000 | 66,878,000 |
| Interest expense | 5,437,000 | 12,111,000 | 19,710,000 | 27,896,000 |
| Net interest income | 11,065,000 | 20,942,000 | 30,112,000 | 38,982,000 |
| Noninterest income | 1,107,000 | 2,300,000 | 3,527,000 | 8,193,000 |
| Noninterest expense | 9,655,000 | 18,486,000 | 27,481,000 | 36,022,000 |
| Provision for loan losses | -29,000 | -273,000 | -287,000 | 68,000 |
| Pretax income | 2,623,000 | 5,195,000 | 6,631,000 | 11,188,000 |
| Income tax | 639,000 | 1,266,000 | 1,572,000 | 1,782,000 |
| Net income | 1,984,000 | 3,929,000 | 5,059,000 | 9,406,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 138,495,000 | 140,504,000 | 141,699,000 | 146,111,000 |
| Total capital | 146,415,000 | 148,085,000 | 149,236,000 | 154,066,000 |
| Risk-weighted assets | 1,132,750,000 | 1,120,839,000 | 1,106,311,000 | 1,098,007,000 |