Call reports 2023
ROCKLAND SAVINGS BANK, FSB — 2023
What ROCKLAND SAVINGS BANK, FSB 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 | 87,275,000 | 87,702,000 | 89,908,000 | 93,947,000 |
| Total loans | 73,207,000 | 75,333,000 | 77,845,000 | 78,888,000 |
| Allowance for loan losses | 560,000 | 569,000 | 581,000 | 590,000 |
| Securities available for sale | 31,000 | 28,000 | 26,000 | 25,000 |
| Securities held to maturity | 2,785,000 | 2,767,000 | 2,741,000 | 5,445,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,349,000 | 77,819,000 | 79,937,000 | 77,109,000 |
| Interest-bearing deposits | 64,837,000 | 66,378,000 | 67,188,000 | 65,662,000 |
| Noninterest-bearing deposits | 12,512,000 | 11,441,000 | 12,749,000 | 11,447,000 |
| Equity capital | 9,500,000 | 9,428,000 | 9,426,000 | 9,350,000 |
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 | 888,000 | 1,848,000 | 2,865,000 | 3,973,000 |
| Interest expense | 171,000 | 450,000 | 770,000 | 1,172,000 |
| Net interest income | 717,000 | 1,398,000 | 2,095,000 | 2,801,000 |
| Noninterest income | 55,000 | 120,000 | 180,000 | 198,000 |
| Noninterest expense | 789,000 | 1,615,000 | 2,364,000 | 3,178,000 |
| Provision for loan losses | 8,000 | 15,000 | 27,000 | 35,000 |
| Pretax income | -25,000 | -112,000 | -112,000 | -208,000 |
| Income tax | -5,000 | -20,000 | -18,000 | -38,000 |
| Net income | -20,000 | -92,000 | -94,000 | -170,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,972,000 | 8,881,000 | 8,883,000 | 8,786,000 |