Call reports 2024
CAMBRIDGE SAVINGS BANK — 2024
What CAMBRIDGE SAVINGS BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 6,972,580,000 | 7,083,660,000 | 6,972,551,000 | 6,876,590,000 |
| Total loans | 5,774,197,000 | 5,867,704,000 | 5,807,107,000 | 5,743,968,000 |
| Allowance for loan losses | 53,620,000 | 53,987,000 | 60,147,000 | 60,515,000 |
| Securities available for sale | 586,168,000 | 583,215,000 | 585,574,000 | 581,516,000 |
| Securities held to maturity | 111,924,000 | 103,469,000 | 106,625,000 | 115,280,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,498,458,000 | 5,581,059,000 | 5,559,161,000 | 5,440,652,000 |
| Interest-bearing deposits | 4,534,240,000 | 4,593,547,000 | 4,606,424,000 | 4,508,484,000 |
| Noninterest-bearing deposits | 964,218,000 | 987,512,000 | 952,737,000 | 932,168,000 |
| Equity capital | 611,266,000 | 615,830,000 | 628,308,000 | 626,328,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 85,182,000 | 172,882,000 | 262,829,000 | 349,383,000 |
| Interest expense | 46,230,000 | 95,613,000 | 147,084,000 | 193,231,000 |
| Net interest income | 38,952,000 | 77,269,000 | 115,745,000 | 156,152,000 |
| Noninterest income | 3,289,000 | 8,400,000 | 13,471,000 | 16,745,000 |
| Noninterest expense | 33,568,000 | 69,206,000 | 103,551,000 | 139,066,000 |
| Provision for loan losses | 1,307,000 | 1,681,000 | 9,011,000 | 9,421,000 |
| Pretax income | 7,286,000 | 14,917,000 | 19,610,000 | 28,742,000 |
| Income tax | 1,242,000 | 2,062,000 | 2,417,000 | 4,362,000 |
| Net income | 6,044,000 | 12,855,000 | 17,193,000 | 24,380,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 614,846,000 | 621,702,000 | 626,082,000 | 633,302,000 |
| Total capital | 672,914,000 | 679,763,000 | 689,558,000 | 696,736,000 |
| Risk-weighted assets | 5,710,723,000 | 5,775,255,000 | 5,650,764,000 | 5,578,708,000 |