Call reports 2023
CHARLES RIVER BANK — 2023
What CHARLES RIVER 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 | 317,607,000 | 318,047,000 | 306,878,000 | 302,806,000 |
| Total loans | 215,208,000 | 208,496,000 | 207,482,000 | 211,405,000 |
| Allowance for loan losses | 1,425,000 | 1,468,000 | 1,462,000 | 1,462,000 |
| Securities available for sale | 64,984,000 | 63,057,000 | 59,279,000 | 52,256,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 297,207,000 | 297,982,000 | 288,247,000 | 281,605,000 |
| Interest-bearing deposits | 222,898,000 | 223,713,000 | 218,318,000 | 216,274,000 |
| Noninterest-bearing deposits | 74,309,000 | 74,269,000 | 69,929,000 | 65,331,000 |
| Equity capital | 16,798,000 | 16,450,000 | 14,777,000 | 17,488,000 |
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 | 2,825,000 | 5,831,000 | 8,890,000 | 11,994,000 |
| Interest expense | 367,000 | 950,000 | 1,705,000 | 2,580,000 |
| Net interest income | 2,458,000 | 4,881,000 | 7,185,000 | 9,414,000 |
| Noninterest income | 482,000 | 784,000 | 1,099,000 | 1,434,000 |
| Noninterest expense | 2,357,000 | 4,728,000 | 7,157,000 | 9,464,000 |
| Provision for loan losses | -50,000 | -5,000 | -5,000 | -5,000 |
| Pretax income | 568,000 | 877,000 | 1,067,000 | 786,000 |
| Income tax | 145,000 | 198,000 | 237,000 | 172,000 |
| Net income | 423,000 | 679,000 | 830,000 | 614,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,291,000 | 24,547,000 | 24,699,000 | 24,483,000 |
| Total capital | 25,837,000 | 26,137,000 | 26,282,000 | 26,066,000 |
| Risk-weighted assets | 195,945,000 | 189,303,000 | 189,375,000 | 187,766,000 |