Call reports 2023
ROCKLAND TRUST COMPANY — 2023
What ROCKLAND TRUST COMPANY 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 | 19,445,034,000 | 19,405,648,000 | 19,379,916,000 | 19,352,632,000 |
| Total loans | 13,949,082,000 | 14,146,488,000 | 14,228,233,000 | 14,284,438,000 |
| Allowance for loan losses | 159,131,000 | 140,647,000 | 140,569,000 | 142,222,000 |
| Securities available for sale | 1,405,602,000 | 1,372,903,000 | 1,353,744,000 | 1,334,256,000 |
| Securities held to maturity | 1,678,376,000 | 1,623,892,000 | 1,594,279,000 | 1,569,107,000 |
| Trading assets | 108,553,000 | 128,627,000 | 153,183,000 | 106,623,000 |
| Total deposits | 15,365,316,000 | 15,371,670,000 | 15,213,873,000 | 14,979,650,000 |
| Interest-bearing deposits | 10,141,753,000 | 10,342,701,000 | 10,221,693,000 | 10,262,710,000 |
| Noninterest-bearing deposits | 5,223,563,000 | 5,028,969,000 | 4,992,180,000 | 4,716,940,000 |
| Equity capital | 2,873,660,000 | 2,867,341,000 | 2,867,346,000 | 2,920,804,000 |
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 | 188,103,000 | 388,287,000 | 594,128,000 | 803,416,000 |
| Interest expense | 26,319,000 | 70,803,000 | 122,084,000 | 182,376,000 |
| Net interest income | 161,784,000 | 317,484,000 | 472,044,000 | 621,040,000 |
| Noninterest income | 27,430,000 | 57,104,000 | 88,374,000 | 118,373,000 |
| Noninterest expense | 98,375,000 | 193,899,000 | 291,203,000 | 392,154,000 |
| Provision for loan losses | 7,250,000 | 12,250,000 | 17,750,000 | 23,250,000 |
| Pretax income | 83,706,000 | 168,874,000 | 251,537,000 | 324,989,000 |
| Income tax | 21,006,000 | 41,565,000 | 61,564,000 | 78,417,000 |
| Net income | 62,700,000 | 127,309,000 | 189,973,000 | 246,572,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,018,357,000 | 2,030,397,000 | 2,039,576,000 | 2,048,426,000 |
| Total capital | 2,169,306,000 | 2,163,569,000 | 2,172,447,000 | 2,183,436,000 |
| Risk-weighted assets | 14,283,999,000 | 14,358,019,000 | 14,287,149,000 | 14,256,869,000 |