Call reports 2023
SPENCER SAVINGS BANK, SAVINGS AND LOAN ASSOCIATION — 2023
What SPENCER SAVINGS BANK, SAVINGS AND LOAN ASSOCIATION 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 | 3,856,078,000 | 3,883,118,000 | 3,859,509,000 | 3,860,319,000 |
| Total loans | 3,206,920,000 | 3,257,307,000 | 3,238,749,000 | 3,213,545,000 |
| Allowance for loan losses | 28,983,000 | 29,077,000 | 30,419,000 | 29,159,000 |
| Securities available for sale | 374,562,000 | 353,817,000 | 338,665,000 | 349,641,000 |
| Securities held to maturity | 15,963,000 | 10,113,000 | 12,242,000 | 21,713,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,911,145,000 | 2,896,318,000 | 2,876,490,000 | 2,881,878,000 |
| Interest-bearing deposits | 2,513,161,000 | 2,526,443,000 | 2,517,467,000 | 2,547,129,000 |
| Noninterest-bearing deposits | 397,984,000 | 369,875,000 | 359,023,000 | 334,749,000 |
| Equity capital | 411,019,000 | 416,195,000 | 414,646,000 | 424,170,000 |
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 | 39,202,000 | 79,543,000 | 121,373,000 | 162,985,000 |
| Interest expense | 16,194,000 | 35,385,000 | 56,560,000 | 79,502,000 |
| Net interest income | 23,008,000 | 44,158,000 | 64,813,000 | 83,483,000 |
| Noninterest income | 1,399,000 | 2,852,000 | 5,411,000 | 8,251,000 |
| Noninterest expense | 15,819,000 | 32,596,000 | 49,089,000 | 65,570,000 |
| Provision for loan losses | 621,000 | 1,241,000 | 2,656,000 | 1,656,000 |
| Pretax income | 8,057,000 | 13,590,000 | 18,910,000 | 22,532,000 |
| Income tax | 1,529,000 | 3,008,000 | 4,297,000 | 5,151,000 |
| Net income | 6,528,000 | 10,582,000 | 14,613,000 | 17,381,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 396,775,000 | 400,882,000 | 404,965,000 | 407,780,000 |
| Total capital | 427,188,000 | 431,039,000 | 436,464,000 | 438,020,000 |
| Risk-weighted assets | 2,730,214,000 | 2,805,652,000 | 2,774,161,000 | 2,763,906,000 |