Call reports 2016
SOUTHBRIDGE SAVINGS BANK — 2016
What SOUTHBRIDGE SAVINGS BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 526,295,000 | 532,905,000 | 543,824,000 | 545,130,000 |
| Total loans | 450,688,000 | 448,163,000 | 469,401,000 | 477,374,000 |
| Allowance for loan losses | 3,775,000 | 14,000 | 93,000 | 327,000 |
| Securities available for sale | 19,854,000 | 17,899,000 | 17,399,000 | 16,448,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 394,425,000 | 403,657,000 | 411,262,000 | 420,620,000 |
| Interest-bearing deposits | 354,307,000 | 362,828,000 | 370,039,000 | 372,808,000 |
| Noninterest-bearing deposits | 40,118,000 | 40,829,000 | 41,223,000 | 47,812,000 |
| Equity capital | 40,653,000 | 43,761,000 | 43,916,000 | 43,897,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 4,789,000 | 9,572,000 | 14,249,000 | 19,051,000 |
| Interest expense | 920,000 | 1,888,000 | 2,922,000 | 3,765,000 |
| Net interest income | 3,869,000 | 7,684,000 | 11,327,000 | 15,286,000 |
| Noninterest income | 1,223,000 | 2,543,000 | 3,926,000 | 5,311,000 |
| Noninterest expense | 4,361,000 | 8,678,000 | 12,960,000 | 17,563,000 |
| Provision for loan losses | 96,000 | 233,000 | 451,000 | 768,000 |
| Pretax income | 740,000 | 1,436,000 | 1,962,000 | 2,386,000 |
| Income tax | 212,000 | 402,000 | 526,000 | 675,000 |
| Net income | 528,000 | 1,034,000 | 1,436,000 | 1,711,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,795,000 | 43,376,000 | 42,814,000 | 43,177,000 |
| Total capital | 44,570,000 | 43,390,000 | 42,907,000 | 43,504,000 |
| Risk-weighted assets | 376,425,000 | 371,890,000 | 384,644,000 | 385,903,000 |