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Call reports 2021

CHARLES RIVER BANK — 2021

What CHARLES RIVER BANK reported to the FFIEC in 2021, quarter by quarter.

PERIOD: 2021SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/4ac633e9-9fff-4680-910b-a677b7954dcc/2021

Balance sheet

What the bank holds and owes at quarter end

Measure2021Q12021Q22021Q32021Q4
Total assets305,244,000313,748,000327,771,000328,960,000
Total loans197,108,000198,498,000203,891,000200,752,000
Allowance for loan losses1,255,0001,275,0001,325,0001,386,000
Securities available for sale48,866,00051,557,00054,364,00064,847,000
Securities held to maturity0000
Trading assets0000
Total deposits279,846,000287,699,000301,569,000302,996,000
Interest-bearing deposits217,331,000221,274,000228,403,000234,494,000
Noninterest-bearing deposits62,515,00066,425,00073,166,00068,502,000
Equity capital22,131,00022,806,00022,726,00022,516,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2021Q12021Q22021Q32021Q4
Interest income2,321,0004,635,0006,919,0009,242,000
Interest expense286,000549,000788,0001,010,000
Net interest income2,035,0004,086,0006,131,0008,232,000
Noninterest income483,0001,026,0001,407,0001,810,000
Noninterest expense2,055,0004,088,0006,150,0008,544,000
Provision for loan losses25,00050,00095,000150,000
Pretax income438,000974,0001,293,0001,348,000
Income tax110,000250,000327,000329,000
Net income328,000724,000966,0001,019,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2021Q12021Q22021Q32021Q4
Tier 1 capital22,028,00022,425,00022,667,00022,721,000
Total capital23,334,00023,756,00024,044,00024,155,000
Risk-weighted assets176,542,000184,533,000189,307,000186,107,000