Call reports 2020
TORRINGTON SAVINGS BANK, THE — 2020
What TORRINGTON SAVINGS BANK, THE 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 | 825,645,000 | 863,766,000 | 860,126,000 | 894,404,000 |
| Total loans | 535,564,000 | 552,063,000 | 540,962,000 | 529,259,000 |
| Allowance for loan losses | 4,836,000 | 4,986,000 | 5,122,000 | 5,286,000 |
| Securities available for sale | 117,290,000 | 109,385,000 | 109,934,000 | 122,110,000 |
| Securities held to maturity | 26,986,000 | 5,000,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 656,498,000 | 692,181,000 | 688,846,000 | 712,686,000 |
| Interest-bearing deposits | 625,073,000 | 649,120,000 | 645,969,000 | 665,885,000 |
| Noninterest-bearing deposits | 31,425,000 | 43,061,000 | 42,877,000 | 46,801,000 |
| Equity capital | 165,356,000 | 167,393,000 | 167,099,000 | 171,351,000 |
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 | 6,621,000 | 12,840,000 | 18,869,000 | 24,733,000 |
| Interest expense | 1,628,000 | 2,969,000 | 4,117,000 | 5,127,000 |
| Net interest income | 4,993,000 | 9,871,000 | 14,752,000 | 19,606,000 |
| Noninterest income | 835,000 | 1,685,000 | 2,537,000 | 3,397,000 |
| Noninterest expense | 4,511,000 | 9,018,000 | 13,683,000 | 18,469,000 |
| Provision for loan losses | 112,000 | 263,000 | 413,000 | 562,000 |
| Pretax income | -8,023,000 | -6,021,000 | -6,186,000 | -121,000 |
| Income tax | -1,751,000 | -1,399,000 | -1,499,000 | -294,000 |
| Net income | -6,272,000 | -4,622,000 | -4,687,000 | 173,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 165,286,000 | 166,936,000 | 166,871,000 | 171,731,000 |
| Total capital | 170,122,000 | 171,922,000 | 171,798,000 | 176,725,000 |
| Risk-weighted assets | 408,234,000 | 407,262,000 | 393,958,000 | 399,261,000 |