Call reports 2020
MIDDLESEX FEDERAL SAVINGS, F.A. — 2020
What MIDDLESEX FEDERAL SAVINGS, F.A. 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 | 448,584,000 | 458,532,000 | 461,528,000 | 455,867,000 |
| Total loans | 370,371,000 | 377,133,000 | 377,473,000 | 368,081,000 |
| Allowance for loan losses | 4,332,000 | 4,332,000 | 4,484,000 | 4,586,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 31,767,000 | 33,029,000 | 37,050,000 | 37,875,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 305,240,000 | 331,137,000 | 344,680,000 | 355,149,000 |
| Interest-bearing deposits | 275,030,000 | 276,451,000 | 269,985,000 | 261,385,000 |
| Noninterest-bearing deposits | 30,210,000 | 54,686,000 | 74,695,000 | 93,764,000 |
| Equity capital | 38,094,000 | 38,426,000 | 39,009,000 | 39,053,000 |
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 | 4,568,000 | 9,134,000 | 13,729,000 | 18,178,000 |
| Interest expense | 1,498,000 | 2,648,000 | 3,639,000 | 4,464,000 |
| Net interest income | 3,070,000 | 6,486,000 | 10,090,000 | 13,714,000 |
| Noninterest income | 253,000 | 482,000 | 882,000 | 1,179,000 |
| Noninterest expense | 3,071,000 | 6,294,000 | 9,624,000 | 13,019,000 |
| Provision for loan losses | 0 | 0 | 150,000 | 250,000 |
| Pretax income | -560,000 | -119,000 | 622,000 | 1,556,000 |
| Income tax | -135,000 | -26,000 | 133,000 | 341,000 |
| Net income | -425,000 | -93,000 | 489,000 | 1,215,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,446,000 | 42,778,000 | 43,361,000 | 44,313,000 |
| Total capital | 46,583,000 | 46,887,000 | 47,487,000 | 48,271,000 |
| Risk-weighted assets | 330,772,000 | 328,559,000 | 329,747,000 | 316,046,000 |