Call reports 2020
MIDDLESEX SAVINGS BANK — 2020
What MIDDLESEX 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 | 5,081,850,000 | 5,646,109,000 | 5,642,748,000 | 5,752,015,000 |
| Total loans | 3,235,237,000 | 3,426,190,000 | 3,396,739,000 | 3,278,320,000 |
| Allowance for loan losses | 28,395,000 | 31,120,000 | 34,166,000 | 37,330,000 |
| Securities available for sale | 1,223,246,000 | 1,361,693,000 | 1,509,792,000 | 1,656,745,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,342,587,000 | 4,849,279,000 | 4,855,492,000 | 4,981,332,000 |
| Interest-bearing deposits | 3,263,842,000 | 3,432,448,000 | 3,426,783,000 | 3,450,152,000 |
| Noninterest-bearing deposits | 1,078,745,000 | 1,416,831,000 | 1,428,709,000 | 1,531,180,000 |
| Equity capital | 654,042,000 | 674,989,000 | 685,565,000 | 681,565,000 |
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 | 42,643,000 | 81,710,000 | 121,139,000 | 155,412,000 |
| Interest expense | 9,308,000 | 16,536,000 | 22,520,000 | 27,347,000 |
| Net interest income | 33,335,000 | 65,174,000 | 98,619,000 | 128,065,000 |
| Noninterest income | 3,755,000 | 7,461,000 | 11,881,000 | 15,739,000 |
| Noninterest expense | 26,675,000 | 53,648,000 | 78,864,000 | 108,843,000 |
| Provision for loan losses | 1,000,000 | 4,000,000 | 7,000,000 | 10,000,000 |
| Pretax income | 1,989,000 | 9,090,000 | 22,233,000 | 26,101,000 |
| Income tax | 407,000 | 1,571,000 | 4,157,000 | 4,160,000 |
| Net income | 1,582,000 | 7,519,000 | 18,076,000 | 21,941,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 670,531,000 | 675,917,000 | 686,474,000 | 690,339,000 |
| Total capital | 699,951,000 | 707,927,000 | 721,657,000 | 729,145,000 |
| Risk-weighted assets | 3,942,524,000 | 3,978,724,000 | 3,995,370,000 | 3,971,832,000 |