Call reports 2023
MIDDLESEX SAVINGS BANK — 2023
What MIDDLESEX 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 | 6,222,509,000 | 6,215,363,000 | 6,259,375,000 | 6,301,831,000 |
| Total loans | 3,662,488,000 | 3,760,610,000 | 3,788,665,000 | 3,758,532,000 |
| Allowance for loan losses | 34,700,000 | 35,445,000 | 31,145,000 | 47,009,000 |
| Securities available for sale | 2,082,782,000 | 1,952,784,000 | 1,875,442,000 | 1,795,870,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,947,321,000 | 4,875,072,000 | 4,884,664,000 | 4,922,887,000 |
| Interest-bearing deposits | 3,428,383,000 | 3,440,834,000 | 3,521,689,000 | 3,611,741,000 |
| Noninterest-bearing deposits | 1,518,938,000 | 1,434,238,000 | 1,362,975,000 | 1,311,146,000 |
| Equity capital | 624,651,000 | 615,250,000 | 616,954,000 | 647,436,000 |
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 | 54,009,000 | 110,118,000 | 168,916,000 | 229,740,000 |
| Interest expense | 19,620,000 | 45,542,000 | 74,272,000 | 106,165,000 |
| Net interest income | 34,389,000 | 64,576,000 | 94,644,000 | 123,575,000 |
| Noninterest income | 3,474,000 | 7,850,000 | 11,819,000 | 15,943,000 |
| Noninterest expense | 29,787,000 | 56,932,000 | 88,134,000 | 119,087,000 |
| Provision for loan losses | 2,598,000 | 3,207,000 | -1,080,000 | 16,670,000 |
| Pretax income | 4,692,000 | 10,615,000 | 19,428,000 | 5,367,000 |
| Income tax | 599,000 | 1,450,000 | 3,052,000 | -1,589,000 |
| Net income | 4,093,000 | 9,165,000 | 16,376,000 | 6,956,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 754,282,000 | 758,904,000 | 766,114,000 | 756,695,000 |
| Total capital | 789,850,000 | 796,554,000 | 798,528,000 | 804,785,000 |
| Risk-weighted assets | 4,742,241,000 | 4,819,816,000 | 4,807,337,000 | 4,736,808,000 |