Call reports 2020
EASTERN CONNECTICUT SAVINGS BANK — 2020
What EASTERN CONNECTICUT SAVINGS 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 | 191,109,000 | 212,808,000 | 215,488,000 | 222,178,000 |
| Total loans | 157,204,000 | 174,078,000 | 184,283,000 | 193,238,000 |
| Allowance for loan losses | 1,417,000 | 1,409,000 | 1,442,000 | 1,544,000 |
| Securities available for sale | 334,000 | 314,000 | 276,000 | 233,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 165,577,000 | 187,157,000 | 189,544,000 | 198,674,000 |
| Interest-bearing deposits | 136,157,000 | 144,163,000 | 152,177,000 | 158,750,000 |
| Noninterest-bearing deposits | 29,420,000 | 42,994,000 | 37,367,000 | 39,924,000 |
| Equity capital | 15,660,000 | 15,759,000 | 16,033,000 | 16,243,000 |
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 | 1,887,000 | 3,851,000 | 5,851,000 | 8,196,000 |
| Interest expense | 438,000 | 835,000 | 1,196,000 | 1,526,000 |
| Net interest income | 1,449,000 | 3,016,000 | 4,655,000 | 6,670,000 |
| Noninterest income | 280,000 | 691,000 | 1,485,000 | 2,026,000 |
| Noninterest expense | 1,805,000 | 3,636,000 | 5,712,000 | 7,880,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 220,000 |
| Pretax income | -106,000 | 11,000 | 338,000 | 596,000 |
| Income tax | -29,000 | -10,000 | 43,000 | 90,000 |
| Net income | -77,000 | 21,000 | 295,000 | 506,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,980,000 | 15,078,000 | 15,380,000 | 15,591,000 |
| Total capital | 16,397,000 | 16,487,000 | 16,822,000 | 17,135,000 |
| Risk-weighted assets | 134,459,000 | 134,863,000 | 140,045,000 | 149,880,000 |