Call reports 2022
LOWELL FIVE CENT SAVINGS BANK, THE — 2022
What LOWELL FIVE CENT SAVINGS BANK, THE reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 1,708,506,000 | 1,723,460,000 | 1,677,312,000 | 1,657,767,000 |
| Total loans | 1,089,384,000 | 1,098,327,000 | 1,129,260,000 | 1,149,121,000 |
| Allowance for loan losses | 10,652,000 | 10,935,000 | 11,360,000 | 11,518,000 |
| Securities available for sale | 205,622,000 | 235,264,000 | 245,730,000 | 254,190,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,514,448,000 | 1,531,835,000 | 1,490,433,000 | 1,459,600,000 |
| Interest-bearing deposits | 1,251,287,000 | 1,271,752,000 | 1,236,254,000 | 1,213,121,000 |
| Noninterest-bearing deposits | 263,161,000 | 260,083,000 | 254,179,000 | 246,479,000 |
| Equity capital | 165,818,000 | 165,991,000 | 163,115,000 | 171,953,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 12,962,000 | 26,318,000 | 41,961,000 | 59,296,000 |
| Interest expense | 1,414,000 | 2,788,000 | 4,296,000 | 6,381,000 |
| Net interest income | 11,548,000 | 23,530,000 | 37,665,000 | 52,915,000 |
| Noninterest income | 1,179,000 | 3,069,000 | 4,188,000 | 5,351,000 |
| Noninterest expense | 8,835,000 | 17,567,000 | 27,050,000 | 35,807,000 |
| Provision for loan losses | 150,000 | 400,000 | 825,000 | 1,000,000 |
| Pretax income | 3,742,000 | 8,632,000 | 14,085,000 | 21,566,000 |
| Income tax | 973,000 | 2,244,000 | 3,664,000 | 5,628,000 |
| Net income | 2,769,000 | 6,388,000 | 10,421,000 | 15,938,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 179,469,000 | 183,089,000 | 187,123,000 | 192,638,000 |
| Total capital | 190,296,000 | 194,199,000 | 198,658,000 | 204,331,000 |
| Risk-weighted assets | 1,208,896,000 | 1,212,043,000 | 1,241,370,000 | 1,264,992,000 |