Call reports 2021
LOWELL FIVE CENT SAVINGS BANK, THE — 2021
What LOWELL FIVE CENT SAVINGS BANK, THE reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 1,498,363,000 | 1,525,163,000 | 1,554,281,000 | 1,668,813,000 |
| Total loans | 1,084,668,000 | 1,080,965,000 | 1,046,581,000 | 1,075,956,000 |
| Allowance for loan losses | 10,320,000 | 10,519,000 | 10,524,000 | 10,525,000 |
| Securities available for sale | 107,712,000 | 147,804,000 | 157,169,000 | 171,631,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,320,023,000 | 1,343,949,000 | 1,367,829,000 | 1,479,663,000 |
| Interest-bearing deposits | 1,081,251,000 | 1,108,053,000 | 1,100,876,000 | 1,220,805,000 |
| Noninterest-bearing deposits | 238,772,000 | 235,896,000 | 266,953,000 | 258,858,000 |
| Equity capital | 160,368,000 | 163,097,000 | 167,099,000 | 170,212,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 12,136,000 | 24,611,000 | 37,538,000 | 49,622,000 |
| Interest expense | 1,574,000 | 3,117,000 | 4,565,000 | 5,993,000 |
| Net interest income | 10,562,000 | 21,494,000 | 32,973,000 | 43,629,000 |
| Noninterest income | 918,000 | 1,907,000 | 4,461,000 | 5,599,000 |
| Noninterest expense | 8,405,000 | 16,712,000 | 25,029,000 | 34,161,000 |
| Provision for loan losses | 175,000 | 175,000 | 175,000 | 175,000 |
| Pretax income | 3,075,000 | 6,689,000 | 12,405,000 | 15,067,000 |
| Income tax | 910,000 | 1,885,000 | 3,052,000 | 3,658,000 |
| Net income | 2,165,000 | 4,804,000 | 9,353,000 | 11,409,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 167,458,000 | 170,096,000 | 174,645,000 | 176,701,000 |
| Total capital | 177,953,000 | 180,790,000 | 185,344,000 | 187,401,000 |
| Risk-weighted assets | 1,052,555,000 | 1,099,835,000 | 1,118,640,000 | 1,153,003,000 |