Call reports 2023
CHELSEA GROTON BANK — 2023
What CHELSEA GROTON 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 | 1,561,240,000 | 1,583,727,000 | 1,613,186,000 | 1,634,586,000 |
| Total loans | 1,022,918,000 | 1,046,539,000 | 1,096,754,000 | 1,128,789,000 |
| Allowance for loan losses | 9,581,000 | 9,731,000 | 10,006,000 | 10,221,000 |
| Securities available for sale | 351,568,000 | 340,248,000 | 317,705,000 | 293,446,000 |
| Securities held to maturity | 15,005,000 | 14,021,000 | 12,987,000 | 12,114,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,296,371,000 | 1,278,784,000 | 1,294,606,000 | 1,219,582,000 |
| Interest-bearing deposits | 828,799,000 | 824,572,000 | 832,450,000 | 793,035,000 |
| Noninterest-bearing deposits | 467,572,000 | 454,212,000 | 462,156,000 | 426,547,000 |
| Equity capital | 198,361,000 | 202,186,000 | 195,658,000 | 214,496,000 |
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 | 12,895,000 | 26,212,000 | 40,342,000 | 55,587,000 |
| Interest expense | 931,000 | 2,465,000 | 4,572,000 | 7,812,000 |
| Net interest income | 11,964,000 | 23,747,000 | 35,770,000 | 47,775,000 |
| Noninterest income | 2,283,000 | 4,535,000 | 6,860,000 | 9,544,000 |
| Noninterest expense | 9,417,000 | 18,617,000 | 28,487,000 | 38,946,000 |
| Provision for loan losses | 225,000 | 458,000 | 691,000 | 942,000 |
| Pretax income | 6,876,000 | 14,994,000 | 17,879,000 | 20,654,000 |
| Income tax | 1,468,000 | 3,064,000 | 3,559,000 | 3,887,000 |
| Net income | 5,408,000 | 11,930,000 | 14,320,000 | 16,767,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 231,645,000 | 238,166,000 | 240,556,000 | 243,003,000 |
| Total capital | 241,302,000 | 247,982,000 | 250,622,000 | 253,294,000 |
| Risk-weighted assets | 1,127,059,000 | 1,170,680,000 | 1,241,025,000 | 1,257,562,000 |