Call reports 2014
LOWELL FIVE CENT SAVINGS BANK, THE — 2014
What LOWELL FIVE CENT SAVINGS BANK, THE reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 939,696,000 | 939,064,000 | 949,090,000 | 948,294,000 |
| Total loans | 634,516,000 | 649,200,000 | 657,067,000 | 667,658,000 |
| Allowance for loan losses | 6,002,000 | 5,725,000 | 6,331,000 | 6,319,000 |
| Securities available for sale | 179,003,000 | 171,129,000 | 165,582,000 | 163,644,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 800,364,000 | 797,259,000 | 806,432,000 | 803,176,000 |
| Interest-bearing deposits | 771,211,000 | 767,496,000 | 773,684,000 | 768,327,000 |
| Noninterest-bearing deposits | 29,153,000 | 29,763,000 | 32,748,000 | 34,849,000 |
| Equity capital | 111,020,000 | 113,901,000 | 114,564,000 | 112,650,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 7,419,000 | 15,052,000 | 22,758,000 | 30,677,000 |
| Interest expense | 975,000 | 1,965,000 | 2,945,000 | 3,921,000 |
| Net interest income | 6,444,000 | 13,087,000 | 19,813,000 | 26,756,000 |
| Noninterest income | 912,000 | 1,935,000 | 2,999,000 | 4,196,000 |
| Noninterest expense | 6,287,000 | 12,474,000 | 18,339,000 | 24,943,000 |
| Provision for loan losses | 400,000 | 700,000 | 1,300,000 | 1,550,000 |
| Pretax income | 948,000 | 2,428,000 | 4,342,000 | 5,623,000 |
| Income tax | 275,000 | 704,000 | 1,259,000 | 1,765,000 |
| Net income | 673,000 | 1,724,000 | 3,083,000 | 3,858,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 110,334,000 | 111,386,000 | 112,745,000 | 113,520,000 |
| Total capital | 118,433,000 | 119,434,000 | 121,051,000 | 122,096,000 |
| Risk-weighted assets | 674,967,000 | 694,853,000 | 698,274,000 | 725,732,000 |