Call reports 2023
SKOWHEGAN SAVINGS BANK — 2023
What SKOWHEGAN 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 | 781,513,000 | 792,753,000 | 816,575,000 | 876,702,000 |
| Total loans | 558,105,000 | 564,676,000 | 583,008,000 | 585,479,000 |
| Allowance for loan losses | 5,768,000 | 5,755,000 | 5,774,000 | 5,917,000 |
| Securities available for sale | 155,492,000 | 147,241,000 | 139,479,000 | 142,944,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 676,028,000 | 647,966,000 | 712,795,000 | 727,881,000 |
| Interest-bearing deposits | 495,623,000 | 482,260,000 | 548,173,000 | 568,733,000 |
| Noninterest-bearing deposits | 180,405,000 | 165,706,000 | 164,622,000 | 159,148,000 |
| Equity capital | 91,464,000 | 91,641,000 | 89,758,000 | 96,676,000 |
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 | 7,312,000 | 15,029,000 | 23,218,000 | 32,211,000 |
| Interest expense | 848,000 | 2,440,000 | 4,537,000 | 7,339,000 |
| Net interest income | 6,464,000 | 12,589,000 | 18,681,000 | 24,872,000 |
| Noninterest income | 782,000 | 1,535,000 | 2,371,000 | 3,216,000 |
| Noninterest expense | 5,221,000 | 10,341,000 | 15,463,000 | 20,961,000 |
| Provision for loan losses | 0 | 0 | 74,000 | 235,000 |
| Pretax income | 2,028,000 | 4,040,000 | 5,125,000 | 7,633,000 |
| Income tax | 415,000 | 830,000 | 1,041,000 | 1,422,000 |
| Net income | 1,613,000 | 3,210,000 | 4,084,000 | 6,211,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 110,059,000 | 111,658,000 | 112,530,000 | 114,659,000 |
| Total capital | 116,341,000 | 117,928,000 | 118,648,000 | 120,881,000 |
| Risk-weighted assets | 537,384,000 | 568,728,000 | 555,310,000 | 580,036,000 |