Call reports 2016
LOWELL FIVE CENT SAVINGS BANK, THE — 2016
What LOWELL FIVE CENT SAVINGS BANK, THE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 1,027,831,000 | 1,033,318,000 | 1,035,383,000 | 1,063,673,000 |
| Total loans | 758,897,000 | 773,173,000 | 798,128,000 | 820,345,000 |
| Allowance for loan losses | 6,730,000 | 6,959,000 | 6,761,000 | 7,553,000 |
| Securities available for sale | 138,857,000 | 140,294,000 | 130,398,000 | 131,076,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 876,136,000 | 878,626,000 | 878,851,000 | 904,959,000 |
| Interest-bearing deposits | 849,714,000 | 853,023,000 | 852,907,000 | 878,312,000 |
| Noninterest-bearing deposits | 26,422,000 | 25,603,000 | 25,944,000 | 26,647,000 |
| Equity capital | 117,708,000 | 119,724,000 | 121,199,000 | 120,805,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 9,003,000 | 18,115,000 | 27,342,000 | 36,768,000 |
| Interest expense | 943,000 | 1,931,000 | 2,931,000 | 3,959,000 |
| Net interest income | 8,060,000 | 16,184,000 | 24,411,000 | 32,809,000 |
| Noninterest income | 1,078,000 | 2,160,000 | 3,140,000 | 4,219,000 |
| Noninterest expense | 6,880,000 | 13,979,000 | 20,969,000 | 28,346,000 |
| Provision for loan losses | 0 | 185,000 | 185,000 | 985,000 |
| Pretax income | 2,258,000 | 4,403,000 | 6,824,000 | 8,124,000 |
| Income tax | 779,000 | 1,519,000 | 2,354,000 | 2,790,000 |
| Net income | 1,479,000 | 2,884,000 | 4,470,000 | 5,334,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 119,535,000 | 120,940,000 | 122,526,000 | 123,391,000 |
| Total capital | 127,655,000 | 129,438,000 | 130,939,000 | 132,861,000 |
| Risk-weighted assets | 820,783,000 | 849,064,000 | 904,482,000 | 925,622,000 |