Call reports 2023
EASTERN CONNECTICUT SAVINGS BANK — 2023
What EASTERN CONNECTICUT 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 | 279,789,000 | 278,642,000 | 273,299,000 | 273,066,000 |
| Total loans | 248,850,000 | 245,621,000 | 244,777,000 | 241,216,000 |
| Allowance for loan losses | 1,700,000 | 1,702,000 | 1,712,000 | 1,723,000 |
| Securities available for sale | 78,000 | 69,000 | 61,000 | 54,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 236,046,000 | 238,204,000 | 236,455,000 | 238,733,000 |
| Interest-bearing deposits | 184,655,000 | 184,532,000 | 185,968,000 | 190,492,000 |
| Noninterest-bearing deposits | 51,391,000 | 53,672,000 | 50,487,000 | 48,241,000 |
| Equity capital | 19,090,000 | 19,112,000 | 19,141,000 | 19,090,000 |
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 | 2,718,000 | 5,656,000 | 8,592,000 | 11,555,000 |
| Interest expense | 615,000 | 1,515,000 | 2,556,000 | 3,704,000 |
| Net interest income | 2,103,000 | 4,141,000 | 6,036,000 | 7,851,000 |
| Noninterest income | 355,000 | 688,000 | 1,137,000 | 1,422,000 |
| Noninterest expense | 2,303,000 | 4,626,000 | 6,921,000 | 9,066,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 125,000 | 143,000 | 162,000 | 87,000 |
| Income tax | 19,000 | 15,000 | 5,000 | -18,000 |
| Net income | 106,000 | 128,000 | 157,000 | 105,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,926,000 | 18,948,000 | 18,907,000 | 18,855,000 |
| Total capital | 20,626,000 | 20,650,000 | 20,619,000 | 20,598,000 |
| Risk-weighted assets | 186,691,000 | 184,177,000 | 184,426,000 | 182,242,000 |