Call reports 2024
EAST CAMBRIDGE SAVINGS BANK — 2024
What EAST CAMBRIDGE SAVINGS BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 1,595,189,000 | 1,601,561,000 | 1,616,551,000 | 1,642,782,000 |
| Total loans | 1,324,891,000 | 1,342,604,000 | 1,336,840,000 | 1,312,402,000 |
| Allowance for loan losses | 7,337,000 | 7,482,000 | 7,476,000 | 7,802,000 |
| Securities available for sale | 88,436,000 | 86,420,000 | 88,878,000 | 88,314,000 |
| Securities held to maturity | 48,381,000 | 50,566,000 | 52,200,000 | 50,926,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,290,418,000 | 1,265,819,000 | 1,277,311,000 | 1,304,993,000 |
| Interest-bearing deposits | 1,123,431,000 | 1,106,933,000 | 1,122,493,000 | 1,148,120,000 |
| Noninterest-bearing deposits | 166,987,000 | 158,886,000 | 154,818,000 | 156,873,000 |
| Equity capital | 139,327,000 | 140,048,000 | 143,350,000 | 144,164,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 17,038,000 | 34,224,000 | 51,967,000 | 69,824,000 |
| Interest expense | 8,778,000 | 18,139,000 | 28,032,000 | 37,752,000 |
| Net interest income | 8,260,000 | 16,085,000 | 23,935,000 | 32,072,000 |
| Noninterest income | 1,222,000 | 2,403,000 | 3,686,000 | 5,045,000 |
| Noninterest expense | 8,655,000 | 16,895,000 | 25,727,000 | 33,844,000 |
| Provision for loan losses | -196,000 | -37,000 | -39,000 | 409,000 |
| Pretax income | 1,068,000 | 1,678,000 | 1,915,000 | 2,853,000 |
| Income tax | 184,000 | 243,000 | 191,000 | 340,000 |
| Net income | 884,000 | 1,435,000 | 1,724,000 | 2,513,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 147,057,000 | 147,667,000 | 148,015,000 | 148,863,000 |
| Total capital | 154,765,000 | 155,516,000 | 155,925,000 | 157,091,000 |
| Risk-weighted assets | 1,081,588,000 | 1,097,739,000 | 1,091,175,000 | 1,073,660,000 |