Call reports 2020
CHARLES RIVER BANK — 2020
What CHARLES RIVER 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 | 249,226,000 | 279,600,000 | 281,557,000 | 289,492,000 |
| Total loans | 179,865,000 | 197,140,000 | 201,034,000 | 198,872,000 |
| Allowance for loan losses | 1,146,000 | 1,154,000 | 1,196,000 | 1,243,000 |
| Securities available for sale | 40,210,000 | 42,664,000 | 44,738,000 | 41,881,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 216,556,000 | 246,316,000 | 247,681,000 | 263,589,000 |
| Interest-bearing deposits | 176,050,000 | 191,090,000 | 193,556,000 | 210,115,000 |
| Noninterest-bearing deposits | 40,506,000 | 55,226,000 | 54,125,000 | 53,474,000 |
| Equity capital | 21,631,000 | 22,187,000 | 22,516,000 | 22,684,000 |
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 | 2,386,000 | 4,671,000 | 6,945,000 | 9,234,000 |
| Interest expense | 492,000 | 941,000 | 1,391,000 | 1,756,000 |
| Net interest income | 1,894,000 | 3,730,000 | 5,554,000 | 7,478,000 |
| Noninterest income | 340,000 | 918,000 | 1,652,000 | 2,189,000 |
| Noninterest expense | 1,886,000 | 3,811,000 | 5,837,000 | 7,918,000 |
| Provision for loan losses | 8,000 | 15,000 | 58,000 | 110,000 |
| Pretax income | 325,000 | 807,000 | 1,296,000 | 1,624,000 |
| Income tax | 77,000 | 213,000 | 337,000 | 423,000 |
| Net income | 248,000 | 594,000 | 959,000 | 1,201,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,750,000 | 21,096,000 | 21,460,000 | 21,702,000 |
| Total capital | 21,935,000 | 22,289,000 | 22,691,000 | 22,985,000 |
| Risk-weighted assets | 159,543,000 | 163,492,000 | 167,027,000 | 172,229,000 |