Call reports 2023
SACO & BIDDEFORD SAVINGS INSTITUTION — 2023
What SACO & BIDDEFORD SAVINGS INSTITUTION 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 | 1,303,794,000 | 1,333,208,000 | 1,343,923,000 | 1,380,826,000 |
| Total loans | 1,009,203,000 | 1,037,097,000 | 1,053,954,000 | 1,091,679,000 |
| Allowance for loan losses | 4,709,000 | 4,712,000 | 4,681,000 | 4,684,000 |
| Securities available for sale | 197,150,000 | 191,165,000 | 178,473,000 | 186,775,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 997,602,000 | 950,623,000 | 962,463,000 | 963,516,000 |
| Interest-bearing deposits | 835,013,000 | 790,643,000 | 789,216,000 | 810,014,000 |
| Noninterest-bearing deposits | 162,589,000 | 159,980,000 | 173,247,000 | 153,502,000 |
| Equity capital | 122,164,000 | 121,236,000 | 114,040,000 | 122,659,000 |
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 | 11,867,000 | 24,573,000 | 37,872,000 | 52,022,000 |
| Interest expense | 5,237,000 | 11,687,000 | 18,631,000 | 26,566,000 |
| Net interest income | 6,630,000 | 12,886,000 | 19,241,000 | 25,456,000 |
| Noninterest income | 2,090,000 | 4,201,000 | 6,479,000 | 9,034,000 |
| Noninterest expense | 8,299,000 | 16,576,000 | 25,288,000 | 34,323,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 305,000 | 685,000 | 301,000 | 562,000 |
| Income tax | 30,000 | 55,000 | -110,000 | -55,000 |
| Net income | 275,000 | 630,000 | 411,000 | 617,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 142,107,000 | 142,484,000 | 142,290,000 | 142,474,000 |