Call reports 2020
CHELSEA GROTON BANK — 2020
What CHELSEA GROTON 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 | 1,160,911,000 | 1,397,442,000 | 1,434,927,000 | 1,445,224,000 |
| Total loans | 871,427,000 | 980,504,000 | 1,011,158,000 | 997,445,000 |
| Allowance for loan losses | 7,939,000 | 8,084,000 | 8,502,000 | 8,977,000 |
| Securities available for sale | 104,067,000 | 119,664,000 | 122,247,000 | 117,355,000 |
| Securities held to maturity | 41,580,000 | 38,810,000 | 35,333,000 | 32,340,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 904,957,000 | 1,062,153,000 | 1,091,132,000 | 1,115,272,000 |
| Interest-bearing deposits | 667,641,000 | 725,773,000 | 757,150,000 | 772,471,000 |
| Noninterest-bearing deposits | 237,316,000 | 336,380,000 | 333,982,000 | 342,801,000 |
| Equity capital | 185,426,000 | 192,315,000 | 198,306,000 | 203,711,000 |
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 | 10,289,000 | 20,414,000 | 30,749,000 | 41,407,000 |
| Interest expense | 704,000 | 1,323,000 | 1,897,000 | 2,431,000 |
| Net interest income | 9,585,000 | 19,091,000 | 28,852,000 | 38,976,000 |
| Noninterest income | 2,109,000 | 3,986,000 | 6,045,000 | 8,277,000 |
| Noninterest expense | 8,565,000 | 16,677,000 | 23,304,000 | 32,992,000 |
| Provision for loan losses | 64,000 | 225,000 | 641,000 | 1,165,000 |
| Pretax income | -3,830,000 | 2,920,000 | 10,534,000 | 16,019,000 |
| Income tax | -877,000 | 452,000 | 2,177,000 | 2,946,000 |
| Net income | -2,953,000 | 2,468,000 | 8,357,000 | 13,073,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 187,864,000 | 193,284,000 | 199,174,000 | 203,890,000 |
| Total capital | 195,834,000 | 201,418,000 | 207,737,000 | 212,932,000 |
| Risk-weighted assets | 928,904,000 | 988,641,000 | 998,124,000 | 995,306,000 |