Call reports 2020
WATERTOWN SAVINGS BANK — 2020
What WATERTOWN SAVINGS BANK 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 | 1,289,584,000 | 1,358,852,000 | 1,364,038,000 | 1,382,486,000 |
| Total loans | 625,859,000 | 642,305,000 | 626,400,000 | 612,603,000 |
| Allowance for loan losses | 4,030,000 | 4,153,000 | 4,180,000 | 4,181,000 |
| Securities available for sale | 340,757,000 | 329,230,000 | 323,852,000 | 341,808,000 |
| Securities held to maturity | 184,657,000 | 168,504,000 | 198,028,000 | 224,623,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,136,929,000 | 1,205,889,000 | 1,212,128,000 | 1,232,515,000 |
| Interest-bearing deposits | 1,053,314,000 | 1,099,675,000 | 1,109,970,000 | 1,129,387,000 |
| Noninterest-bearing deposits | 83,615,000 | 106,214,000 | 102,158,000 | 103,128,000 |
| Equity capital | 134,597,000 | 134,111,000 | 131,574,000 | 130,833,000 |
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 | 9,421,000 | 18,076,000 | 25,965,000 | 33,560,000 |
| Interest expense | 1,731,000 | 3,010,000 | 4,044,000 | 4,976,000 |
| Net interest income | 7,690,000 | 15,066,000 | 21,921,000 | 28,584,000 |
| Noninterest income | 930,000 | 1,594,000 | 2,402,000 | 3,313,000 |
| Noninterest expense | 7,209,000 | 14,255,000 | 21,254,000 | 28,802,000 |
| Provision for loan losses | 545,000 | 665,000 | 710,000 | 710,000 |
| Pretax income | 866,000 | 1,844,000 | 2,463,000 | 2,489,000 |
| Income tax | -375,000 | -199,000 | -107,000 | -180,000 |
| Net income | 1,241,000 | 2,043,000 | 2,570,000 | 2,669,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 136,022,000 | 136,824,000 | 137,351,000 | 137,450,000 |
| Total capital | 140,052,000 | 140,976,000 | 141,531,000 | 141,631,000 |
| Risk-weighted assets | 588,285,000 | 576,192,000 | 571,387,000 | 574,581,000 |