Call reports 2023
PASSUMPSIC SAVINGS BANK — 2023
What PASSUMPSIC SAVINGS 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 | 835,568,000 | 847,137,000 | 862,974,000 | 854,743,000 |
| Total loans | 632,892,000 | 646,015,000 | 659,465,000 | 640,918,000 |
| Allowance for loan losses | 7,023,000 | 7,194,000 | 7,342,000 | 7,275,000 |
| Securities available for sale | 92,651,000 | 86,975,000 | 81,675,000 | 84,005,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 701,903,000 | 678,698,000 | 683,848,000 | 681,633,000 |
| Interest-bearing deposits | 552,700,000 | 545,110,000 | 544,972,000 | 555,964,000 |
| Noninterest-bearing deposits | 149,203,000 | 133,588,000 | 138,876,000 | 125,669,000 |
| Equity capital | 99,761,000 | 100,453,000 | 97,790,000 | 105,791,000 |
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 | 7,301,000 | 14,946,000 | 23,266,000 | 31,828,000 |
| Interest expense | 733,000 | 2,160,000 | 4,343,000 | 6,597,000 |
| Net interest income | 6,568,000 | 12,786,000 | 18,923,000 | 25,231,000 |
| Noninterest income | 1,550,000 | 3,281,000 | 4,972,000 | 6,783,000 |
| Noninterest expense | 6,574,000 | 13,212,000 | 19,928,000 | 26,778,000 |
| Provision for loan losses | 225,000 | 450,000 | 675,000 | 675,000 |
| Pretax income | 1,608,000 | 3,292,000 | 3,042,000 | 7,866,000 |
| Income tax | 155,000 | 344,000 | 81,000 | 698,000 |
| Net income | 1,453,000 | 2,948,000 | 2,961,000 | 7,168,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 96,290,000 | 97,785,000 | 97,798,000 | 101,854,000 |
| Total capital | 103,488,000 | 105,046,000 | 104,540,000 | 108,924,000 |
| Risk-weighted assets | 583,223,000 | 580,807,000 | 538,600,000 | 565,297,000 |