Call reports 2021
SACO & BIDDEFORD SAVINGS INSTITUTION — 2021
What SACO & BIDDEFORD SAVINGS INSTITUTION reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 1,115,238,000 | 1,149,618,000 | 1,177,986,000 | 1,156,620,000 |
| Total loans | 884,720,000 | 921,578,000 | 927,920,000 | 918,533,000 |
| Allowance for loan losses | 5,001,000 | 5,009,000 | 5,020,000 | 4,991,000 |
| Securities available for sale | 154,476,000 | 151,755,000 | 148,342,000 | 158,916,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 828,405,000 | 870,802,000 | 903,812,000 | 895,029,000 |
| Interest-bearing deposits | 685,960,000 | 712,728,000 | 719,899,000 | 719,929,000 |
| Noninterest-bearing deposits | 142,445,000 | 158,074,000 | 183,913,000 | 175,100,000 |
| Equity capital | 123,843,000 | 126,221,000 | 127,318,000 | 131,981,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 9,168,000 | 18,185,000 | 27,805,000 | 37,143,000 |
| Interest expense | 2,257,000 | 4,281,000 | 6,207,000 | 7,970,000 |
| Net interest income | 6,911,000 | 13,904,000 | 21,598,000 | 29,173,000 |
| Noninterest income | 2,222,000 | 4,311,000 | 6,418,000 | 8,588,000 |
| Noninterest expense | 7,337,000 | 14,980,000 | 22,844,000 | 31,260,000 |
| Provision for loan losses | 35,000 | 35,000 | 35,000 | 0 |
| Pretax income | 2,638,000 | 5,037,000 | 6,913,000 | 9,812,000 |
| Income tax | 520,000 | 975,000 | 1,350,000 | 1,900,000 |
| Net income | 2,118,000 | 4,062,000 | 5,563,000 | 7,912,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 130,414,000 | 132,505,000 | 134,153,000 | 136,648,000 |