Call reports 2024
CHELSEA GROTON BANK — 2024
What CHELSEA GROTON BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 1,627,156,000 | 1,691,435,000 | 1,708,554,000 | 1,709,099,000 |
| Total loans | 1,138,922,000 | 1,188,985,000 | 1,223,924,000 | 1,242,822,000 |
| Allowance for loan losses | 10,317,000 | 10,560,000 | 10,797,000 | 11,049,000 |
| Securities available for sale | 281,663,000 | 276,493,000 | 294,904,000 | 278,636,000 |
| Securities held to maturity | 11,211,000 | 6,354,000 | 3,960,000 | 3,786,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,232,999,000 | 1,204,089,000 | 1,249,879,000 | 1,198,144,000 |
| Interest-bearing deposits | 782,930,000 | 769,527,000 | 770,295,000 | 762,472,000 |
| Noninterest-bearing deposits | 450,069,000 | 434,562,000 | 479,584,000 | 435,672,000 |
| Equity capital | 219,725,000 | 223,787,000 | 237,532,000 | 234,230,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 15,533,000 | 31,411,000 | 48,665,000 | 66,622,000 |
| Interest expense | 3,619,000 | 7,407,000 | 11,769,000 | 16,005,000 |
| Net interest income | 11,914,000 | 24,004,000 | 36,896,000 | 50,617,000 |
| Noninterest income | 2,611,000 | 5,075,000 | 7,685,000 | 8,605,000 |
| Noninterest expense | 10,505,000 | 20,587,000 | 31,132,000 | 42,176,000 |
| Provision for loan losses | 185,000 | 457,000 | 720,000 | 919,000 |
| Pretax income | 8,907,000 | 13,949,000 | 19,510,000 | 19,080,000 |
| Income tax | 1,738,000 | 2,680,000 | 3,344,000 | 3,360,000 |
| Net income | 7,169,000 | 11,269,000 | 16,166,000 | 15,720,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 250,173,000 | 254,273,000 | 259,169,000 | 258,723,000 |
| Total capital | 260,613,000 | 264,931,000 | 270,067,000 | 269,917,000 |
| Risk-weighted assets | 1,262,985,000 | 1,277,708,000 | 1,294,102,000 | 1,305,701,000 |