Call reports 2023
LOWELL FIVE CENT SAVINGS BANK, THE — 2023
What LOWELL FIVE CENT SAVINGS BANK, THE reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 1,639,868,000 | 1,613,391,000 | 1,585,894,000 | 1,620,024,000 |
| Total loans | 1,177,075,000 | 1,184,572,000 | 1,178,140,000 | 1,188,247,000 |
| Allowance for loan losses | 12,563,000 | 12,970,000 | 13,219,000 | 13,840,000 |
| Securities available for sale | 250,888,000 | 227,541,000 | 213,257,000 | 225,286,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,435,186,000 | 1,407,375,000 | 1,375,230,000 | 1,400,375,000 |
| Interest-bearing deposits | 1,180,364,000 | 1,159,378,000 | 1,135,226,000 | 1,176,115,000 |
| Noninterest-bearing deposits | 254,822,000 | 247,997,000 | 240,004,000 | 224,260,000 |
| Equity capital | 177,551,000 | 179,356,000 | 180,647,000 | 190,686,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 18,126,000 | 36,576,000 | 54,953,000 | 73,924,000 |
| Interest expense | 3,395,000 | 7,709,000 | 12,476,000 | 18,111,000 |
| Net interest income | 14,731,000 | 28,867,000 | 42,477,000 | 55,813,000 |
| Noninterest income | 1,289,000 | 2,389,000 | 3,531,000 | 4,662,000 |
| Noninterest expense | 9,731,000 | 19,504,000 | 29,033,000 | 38,419,000 |
| Provision for loan losses | 385,000 | 791,000 | 1,043,000 | 1,665,000 |
| Pretax income | 5,895,000 | 10,869,000 | 15,987,000 | 20,666,000 |
| Income tax | 1,533,000 | 2,827,000 | 4,261,000 | 5,580,000 |
| Net income | 4,362,000 | 8,042,000 | 11,726,000 | 15,086,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 195,978,000 | 199,658,000 | 203,342,000 | 206,702,000 |
| Total capital | 209,524,000 | 213,702,000 | 217,487,000 | 221,248,000 |
| Risk-weighted assets | 1,273,776,000 | 1,263,476,000 | 1,249,663,000 | 1,261,602,000 |