Call reports 2020
LOWELL FIVE CENT SAVINGS BANK, THE — 2020
What LOWELL FIVE CENT SAVINGS BANK, THE reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 1,242,371,000 | 1,365,565,000 | 1,396,566,000 | 1,426,797,000 |
| Total loans | 946,790,000 | 1,024,632,000 | 1,053,939,000 | 1,081,035,000 |
| Allowance for loan losses | 9,326,000 | 9,508,000 | 9,769,000 | 10,161,000 |
| Securities available for sale | 106,018,000 | 101,954,000 | 105,997,000 | 107,853,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,066,494,000 | 1,186,572,000 | 1,219,684,000 | 1,249,145,000 |
| Interest-bearing deposits | 904,151,000 | 965,863,000 | 994,639,000 | 1,034,588,000 |
| Noninterest-bearing deposits | 162,343,000 | 220,709,000 | 225,045,000 | 214,557,000 |
| Equity capital | 151,668,000 | 155,754,000 | 158,712,000 | 159,451,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 12,212,000 | 23,977,000 | 35,934,000 | 48,491,000 |
| Interest expense | 2,331,000 | 4,204,000 | 6,011,000 | 7,735,000 |
| Net interest income | 9,881,000 | 19,773,000 | 29,923,000 | 40,756,000 |
| Noninterest income | 933,000 | 2,015,000 | 2,916,000 | 3,940,000 |
| Noninterest expense | 8,723,000 | 16,579,000 | 24,610,000 | 32,693,000 |
| Provision for loan losses | 1,025,000 | 1,525,000 | 1,525,000 | 1,925,000 |
| Pretax income | -2,628,000 | 1,474,000 | 5,144,000 | 8,518,000 |
| Income tax | -731,000 | 208,000 | 1,008,000 | 1,817,000 |
| Net income | -1,897,000 | 1,266,000 | 4,136,000 | 6,701,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 156,694,000 | 159,857,000 | 162,729,000 | 165,292,000 |
| Total capital | 166,195,000 | 169,540,000 | 172,673,000 | 175,628,000 |
| Risk-weighted assets | 957,996,000 | 974,288,000 | 993,324,000 | 1,032,247,000 |