Call reports 2021
SPENCER SAVINGS BANK, SAVINGS AND LOAN ASSOCIATION — 2021
What SPENCER SAVINGS BANK, SAVINGS AND LOAN ASSOCIATION reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 3,371,304,000 | 3,453,337,000 | 3,516,053,000 | 3,995,394,000 |
| Total loans | 2,513,381,000 | 2,611,202,000 | 2,723,392,000 | 2,968,449,000 |
| Allowance for loan losses | 28,677,000 | 28,205,000 | 28,396,000 | 29,979,000 |
| Securities available for sale | 339,334,000 | 337,035,000 | 330,438,000 | 372,040,000 |
| Securities held to maturity | 24,348,000 | 24,317,000 | 32,871,000 | 31,773,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,638,856,000 | 2,834,740,000 | 2,889,586,000 | 3,362,182,000 |
| Interest-bearing deposits | 2,317,090,000 | 2,476,943,000 | 2,519,524,000 | 2,869,744,000 |
| Noninterest-bearing deposits | 321,766,000 | 357,797,000 | 370,062,000 | 492,438,000 |
| Equity capital | 361,367,000 | 365,001,000 | 371,053,000 | 387,126,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 26,209,000 | 52,115,000 | 78,864,000 | 109,243,000 |
| Interest expense | 5,991,000 | 10,951,000 | 15,588,000 | 19,889,000 |
| Net interest income | 20,218,000 | 41,164,000 | 63,276,000 | 89,354,000 |
| Noninterest income | 1,005,000 | 2,041,000 | 3,222,000 | 8,998,000 |
| Noninterest expense | 13,666,000 | 31,092,000 | 45,239,000 | 60,926,000 |
| Provision for loan losses | 916,000 | 1,897,000 | 1,897,000 | 3,430,000 |
| Pretax income | 6,610,000 | 12,983,000 | 22,018,000 | 33,866,000 |
| Income tax | 1,756,000 | 2,553,000 | 5,160,000 | 8,630,000 |
| Net income | 4,854,000 | 10,430,000 | 16,858,000 | 25,236,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 355,498,000 | 364,820,000 | 367,815,000 | 359,309,000 |
| Total capital | 384,175,000 | 393,025,000 | 396,211,000 | 389,288,000 |
| Risk-weighted assets | 2,213,865,000 | 2,350,091,000 | 2,413,242,000 | 2,694,980,000 |