Call reports 2015
SOUTHBRIDGE SAVINGS BANK — 2015
What SOUTHBRIDGE SAVINGS BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 464,293,000 | 478,690,000 | 496,299,000 | 511,312,000 |
| Total loans | 392,612,000 | 412,252,000 | 426,719,000 | 438,043,000 |
| Allowance for loan losses | 3,483,000 | 3,645,000 | 3,730,000 | 3,711,000 |
| Securities available for sale | 21,892,000 | 21,537,000 | 21,099,000 | 20,519,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 365,360,000 | 366,650,000 | 368,512,000 | 379,752,000 |
| Interest-bearing deposits | 333,633,000 | 331,097,000 | 333,558,000 | 341,603,000 |
| Noninterest-bearing deposits | 31,727,000 | 35,553,000 | 34,954,000 | 38,149,000 |
| Equity capital | 38,294,000 | 38,782,000 | 39,622,000 | 40,083,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 4,377,000 | 8,905,000 | 13,575,000 | 18,372,000 |
| Interest expense | 755,000 | 1,536,000 | 2,368,000 | 3,246,000 |
| Net interest income | 3,622,000 | 7,369,000 | 11,207,000 | 15,126,000 |
| Noninterest income | 1,042,000 | 2,326,000 | 3,481,000 | 4,706,000 |
| Noninterest expense | 4,315,000 | 8,518,000 | 12,315,000 | 16,687,000 |
| Provision for loan losses | 334,000 | 612,000 | 733,000 | 771,000 |
| Pretax income | 15,000 | 567,000 | 1,642,000 | 2,376,000 |
| Income tax | -44,000 | 63,000 | 381,000 | 588,000 |
| Net income | 59,000 | 504,000 | 1,261,000 | 1,788,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,413,000 | 38,869,000 | 39,748,000 | 40,247,000 |
| Total capital | 41,896,000 | 42,514,000 | 43,478,000 | 43,958,000 |
| Risk-weighted assets | 318,092,000 | 328,881,000 | 354,956,000 | 364,526,000 |