Call reports 2018
LOWELL FIVE CENT SAVINGS BANK, THE — 2018
What LOWELL FIVE CENT SAVINGS BANK, THE reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 1,122,608,000 | 1,134,771,000 | 1,111,986,000 | 1,127,653,000 |
| Total loans | 882,004,000 | 914,937,000 | 905,018,000 | 911,275,000 |
| Allowance for loan losses | 8,039,000 | 8,581,000 | 8,384,000 | 8,933,000 |
| Securities available for sale | 106,629,000 | 111,578,000 | 110,308,000 | 107,211,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 969,844,000 | 969,910,000 | 953,403,000 | 967,775,000 |
| Interest-bearing deposits | 825,020,000 | 824,066,000 | 803,010,000 | 807,200,000 |
| Noninterest-bearing deposits | 144,824,000 | 145,844,000 | 150,393,000 | 160,575,000 |
| Equity capital | 132,853,000 | 134,606,000 | 137,575,000 | 139,856,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 10,752,000 | 22,203,000 | 33,919,000 | 45,933,000 |
| Interest expense | 1,233,000 | 2,597,000 | 4,163,000 | 5,905,000 |
| Net interest income | 9,519,000 | 19,606,000 | 29,756,000 | 40,028,000 |
| Noninterest income | 982,000 | 2,161,000 | 3,164,000 | 4,158,000 |
| Noninterest expense | 7,781,000 | 15,545,000 | 23,130,000 | 31,764,000 |
| Provision for loan losses | 100,000 | 675,000 | 775,000 | 1,375,000 |
| Pretax income | 2,620,000 | 5,825,000 | 9,295,000 | 11,469,000 |
| Income tax | 655,000 | 1,456,000 | 2,324,000 | 2,716,000 |
| Net income | 1,965,000 | 4,369,000 | 6,971,000 | 8,753,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 136,542,000 | 138,946,000 | 141,548,000 | 143,331,000 |
| Total capital | 147,307,000 | 150,037,000 | 152,771,000 | 154,374,000 |
| Risk-weighted assets | 998,422,000 | 1,042,831,000 | 1,039,901,000 | 1,029,847,000 |