Call reports 2023
TORRINGTON SAVINGS BANK, THE — 2023
What TORRINGTON SAVINGS BANK, THE 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 | 912,178,000 | 904,876,000 | 908,862,000 | 917,201,000 |
| Total loans | 606,738,000 | 620,281,000 | 626,503,000 | 657,032,000 |
| Allowance for loan losses | 5,431,000 | 5,386,000 | 5,505,000 | 5,337,000 |
| Securities available for sale | 192,926,000 | 183,054,000 | 175,314,000 | 146,726,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 735,330,000 | 728,623,000 | 722,265,000 | 733,823,000 |
| Interest-bearing deposits | 662,758,000 | 656,066,000 | 654,061,000 | 666,918,000 |
| Noninterest-bearing deposits | 72,572,000 | 72,557,000 | 68,204,000 | 66,905,000 |
| Equity capital | 170,031,000 | 168,424,000 | 168,237,000 | 174,696,000 |
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 | 7,847,000 | 16,009,000 | 24,280,000 | 32,895,000 |
| Interest expense | 835,000 | 2,398,000 | 4,611,000 | 7,609,000 |
| Net interest income | 7,012,000 | 13,611,000 | 19,669,000 | 25,286,000 |
| Noninterest income | 1,067,000 | 2,226,000 | 3,361,000 | 4,643,000 |
| Noninterest expense | 6,028,000 | 11,816,000 | 17,623,000 | 23,764,000 |
| Provision for loan losses | 134,000 | 104,000 | 244,000 | 261,000 |
| Pretax income | -2,013,000 | -1,843,000 | -1,062,000 | 3,025,000 |
| Income tax | -492,000 | -532,000 | -443,000 | 334,000 |
| Net income | -1,521,000 | -1,311,000 | -619,000 | 2,691,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 180,063,000 | 180,272,000 | 180,965,000 | 184,275,000 |