Call reports 2023
WATERTOWN SAVINGS BANK — 2023
What WATERTOWN SAVINGS BANK 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 | 1,424,691,000 | 1,416,091,000 | 1,416,983,000 | 1,420,975,000 |
| Total loans | 622,339,000 | 616,811,000 | 616,047,000 | 616,989,000 |
| Allowance for loan losses | 4,165,000 | 4,167,000 | 4,166,000 | 1,930,000 |
| Securities available for sale | 254,786,000 | 235,427,000 | 223,796,000 | 238,583,000 |
| Securities held to maturity | 376,051,000 | 367,772,000 | 359,817,000 | 353,296,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,282,359,000 | 1,272,650,000 | 1,269,370,000 | 1,263,795,000 |
| Interest-bearing deposits | 1,167,641,000 | 1,161,134,000 | 1,151,631,000 | 1,149,106,000 |
| Noninterest-bearing deposits | 114,718,000 | 111,516,000 | 117,739,000 | 114,689,000 |
| Equity capital | 121,696,000 | 122,235,000 | 130,023,000 | 139,454,000 |
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 | 9,572,000 | 19,884,000 | 30,613,000 | 41,656,000 |
| Interest expense | 1,185,000 | 3,687,000 | 6,929,000 | 10,781,000 |
| Net interest income | 8,387,000 | 16,197,000 | 23,684,000 | 30,875,000 |
| Noninterest income | 839,000 | 1,659,000 | 2,546,000 | 3,508,000 |
| Noninterest expense | 6,852,000 | 13,643,000 | 19,172,000 | 25,910,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,374,000 | 4,213,000 | 7,058,000 | 8,473,000 |
| Income tax | 669,000 | 1,023,000 | 1,696,000 | 1,985,000 |
| Net income | 1,705,000 | 3,190,000 | 5,362,000 | 6,488,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 148,192,000 | 149,677,000 | 151,849,000 | 155,184,000 |
| Total capital | 152,357,000 | 153,844,000 | 156,015,000 | 157,134,000 |
| Risk-weighted assets | 582,586,000 | 575,228,000 | 583,794,000 | 576,649,000 |