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 | 934,100,000 | 911,743,000 | 917,125,000 | 895,558,000 |
| Total loans | 502,100,000 | 506,028,000 | 508,291,000 | 519,372,000 |
| Allowance for loan losses | 5,394,000 | 5,454,000 | 5,567,000 | 6,118,000 |
| Securities available for sale | 281,022,000 | 261,419,000 | 252,465,000 | 227,320,000 |
| Securities held to maturity | 17,852,000 | 17,600,000 | 16,833,000 | 16,831,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 804,224,000 | 780,153,000 | 781,833,000 | 753,339,000 |
| Interest-bearing deposits | 461,690,000 | 440,018,000 | 439,004,000 | 430,057,000 |
| Noninterest-bearing deposits | 342,534,000 | 340,135,000 | 342,829,000 | 323,282,000 |
| Equity capital | 124,296,000 | 125,808,000 | 129,328,000 | 135,762,000 |
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 | 7,279,000 | 14,844,000 | 22,830,000 | 31,427,000 |
| Interest expense | 227,000 | 613,000 | 1,104,000 | 1,660,000 |
| Net interest income | 7,052,000 | 14,231,000 | 21,726,000 | 29,767,000 |
| Noninterest income | 1,222,000 | 2,539,000 | 3,807,000 | 5,176,000 |
| Noninterest expense | 4,831,000 | 9,758,000 | 14,681,000 | 21,752,000 |
| Provision for loan losses | 307,000 | 464,000 | 621,000 | 1,029,000 |
| Pretax income | 3,188,000 | 6,439,000 | 9,287,000 | 12,124,000 |
| Income tax | 672,000 | 1,378,000 | 1,960,000 | 2,562,000 |
| Net income | 2,516,000 | 5,061,000 | 7,327,000 | 9,562,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 126,142,000 | 128,686,000 | 130,953,000 | 133,095,000 |