Call reports 2020
SPENCER SAVINGS BANK, SAVINGS AND LOAN ASSOCIATION — 2020
What SPENCER SAVINGS BANK, SAVINGS AND LOAN ASSOCIATION 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 | 3,036,271,000 | 3,216,436,000 | 3,219,473,000 | 3,271,850,000 |
| Total loans | 2,374,112,000 | 2,414,940,000 | 2,389,815,000 | 2,472,379,000 |
| Allowance for loan losses | 21,923,000 | 24,295,000 | 26,664,000 | 27,642,000 |
| Securities available for sale | 349,605,000 | 337,800,000 | 324,065,000 | 310,282,000 |
| Securities held to maturity | 11,631,000 | 11,610,000 | 3,003,000 | 25,194,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,202,343,000 | 2,341,581,000 | 2,444,723,000 | 2,539,609,000 |
| Interest-bearing deposits | 1,984,798,000 | 2,067,489,000 | 2,163,774,000 | 2,260,229,000 |
| Noninterest-bearing deposits | 217,545,000 | 274,092,000 | 280,949,000 | 279,380,000 |
| Equity capital | 343,001,000 | 351,106,000 | 353,077,000 | 355,609,000 |
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 | 27,930,000 | 56,055,000 | 81,468,000 | 107,378,000 |
| Interest expense | 9,579,000 | 18,316,000 | 26,081,000 | 32,822,000 |
| Net interest income | 18,351,000 | 37,739,000 | 55,387,000 | 74,556,000 |
| Noninterest income | 958,000 | 1,942,000 | 3,691,000 | 4,729,000 |
| Noninterest expense | 12,918,000 | 26,399,000 | 42,400,000 | 57,760,000 |
| Provision for loan losses | 0 | 2,824,000 | 5,074,000 | 5,974,000 |
| Pretax income | 5,117,000 | 9,591,000 | 10,824,000 | 14,927,000 |
| Income tax | 1,094,000 | 1,796,000 | 1,882,000 | 2,786,000 |
| Net income | 4,023,000 | 7,795,000 | 8,942,000 | 12,141,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 342,393,000 | 346,200,000 | 347,381,000 | 350,612,000 |
| Total capital | 364,316,000 | 370,495,000 | 374,045,000 | 378,254,000 |
| Risk-weighted assets | 2,178,054,000 | 2,217,885,000 | 2,217,794,000 | 2,283,165,000 |