Call reports 2022
SACO & BIDDEFORD SAVINGS INSTITUTION — 2022
What SACO & BIDDEFORD SAVINGS INSTITUTION reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 1,158,500,000 | 1,226,782,000 | 1,249,583,000 | 1,276,362,000 |
| Total loans | 918,018,000 | 942,050,000 | 953,891,000 | 984,104,000 |
| Allowance for loan losses | 4,997,000 | 4,903,000 | 4,893,000 | 4,896,000 |
| Securities available for sale | 157,551,000 | 198,850,000 | 195,439,000 | 192,814,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 899,083,000 | 933,270,000 | 1,015,664,000 | 1,007,618,000 |
| Interest-bearing deposits | 733,786,000 | 768,547,000 | 840,385,000 | 837,010,000 |
| Noninterest-bearing deposits | 165,297,000 | 164,723,000 | 175,279,000 | 170,608,000 |
| Equity capital | 126,783,000 | 121,930,000 | 114,993,000 | 120,023,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 9,168,000 | 19,091,000 | 30,179,000 | 41,555,000 |
| Interest expense | 1,583,000 | 3,348,000 | 6,375,000 | 10,504,000 |
| Net interest income | 7,585,000 | 15,743,000 | 23,804,000 | 31,051,000 |
| Noninterest income | 2,072,000 | 4,020,000 | 6,204,000 | 8,406,000 |
| Noninterest expense | 7,743,000 | 15,422,000 | 23,083,000 | 32,033,000 |
| Provision for loan losses | 0 | -75,000 | -335,000 | -335,000 |
| Pretax income | 1,413,000 | 2,135,000 | 3,900,000 | 6,186,000 |
| Income tax | 260,000 | 350,000 | 670,000 | 1,120,000 |
| Net income | 1,153,000 | 1,785,000 | 3,230,000 | 5,066,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 137,825,000 | 138,481,000 | 139,948,000 | 141,808,000 |