Call reports 2020
SACO & BIDDEFORD SAVINGS INSTITUTION — 2020
What SACO & BIDDEFORD SAVINGS INSTITUTION 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 | 1,045,174,000 | 1,088,349,000 | 1,100,744,000 | 1,105,702,000 |
| Total loans | 846,900,000 | 857,434,000 | 867,683,000 | 883,461,000 |
| Allowance for loan losses | 4,206,000 | 4,527,000 | 4,718,000 | 4,956,000 |
| Securities available for sale | 108,662,000 | 119,819,000 | 148,801,000 | 138,097,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 713,507,000 | 782,088,000 | 801,759,000 | 816,221,000 |
| Interest-bearing deposits | 612,601,000 | 652,670,000 | 663,410,000 | 684,870,000 |
| Noninterest-bearing deposits | 100,906,000 | 129,418,000 | 138,349,000 | 131,351,000 |
| Equity capital | 116,835,000 | 119,375,000 | 121,370,000 | 122,669,000 |
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 | 10,255,000 | 20,308,000 | 30,065,000 | 39,893,000 |
| Interest expense | 3,451,000 | 6,528,000 | 9,386,000 | 11,971,000 |
| Net interest income | 6,804,000 | 13,780,000 | 20,679,000 | 27,922,000 |
| Noninterest income | 1,931,000 | 3,655,000 | 5,709,000 | 8,343,000 |
| Noninterest expense | 7,352,000 | 14,214,000 | 21,355,000 | 29,218,000 |
| Provision for loan losses | 105,000 | 290,000 | 380,000 | 500,000 |
| Pretax income | -1,585,000 | 1,577,000 | 3,861,000 | 7,289,000 |
| Income tax | -425,000 | 200,000 | 655,000 | 1,325,000 |
| Net income | -1,160,000 | 1,377,000 | 3,206,000 | 5,964,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 120,590,000 | 123,272,000 | 125,248,000 | 128,152,000 |