Call reports 2020
ROCKLAND SAVINGS BANK, FSB — 2020
What ROCKLAND SAVINGS BANK, FSB 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 | 83,005,000 | 87,790,000 | 90,349,000 | 88,042,000 |
| Total loans | 66,725,000 | 67,405,000 | 68,249,000 | 70,816,000 |
| Allowance for loan losses | 718,000 | 752,000 | 770,000 | 801,000 |
| Securities available for sale | 82,000 | 76,000 | 68,000 | 65,000 |
| Securities held to maturity | 3,000 | 3,000 | 3,000 | 3,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,280,000 | 73,166,000 | 75,649,000 | 78,483,000 |
| Interest-bearing deposits | 61,548,000 | 65,347,000 | 65,508,000 | 66,912,000 |
| Noninterest-bearing deposits | 6,732,000 | 7,819,000 | 10,141,000 | 11,571,000 |
| Equity capital | 9,496,000 | 9,351,000 | 9,306,000 | 9,206,000 |
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 | 911,000 | 1,748,000 | 2,590,000 | 3,423,000 |
| Interest expense | 262,000 | 508,000 | 721,000 | 886,000 |
| Net interest income | 649,000 | 1,240,000 | 1,869,000 | 2,537,000 |
| Noninterest income | 54,000 | 120,000 | 186,000 | 252,000 |
| Noninterest expense | 760,000 | 1,488,000 | 2,224,000 | 3,056,000 |
| Provision for loan losses | -78,000 | 31,000 | 45,000 | 74,000 |
| Pretax income | 21,000 | -159,000 | -214,000 | -341,000 |
| Income tax | 4,000 | -31,000 | -41,000 | -68,000 |
| Net income | 17,000 | -128,000 | -173,000 | -273,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,886,000 | 8,778,000 | 8,745,000 | 8,519,000 |