Call reports 2023
MIDDLESEX FEDERAL SAVINGS, F.A. — 2023
What MIDDLESEX FEDERAL SAVINGS, F.A. 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 | 624,660,000 | 650,170,000 | 647,703,000 | 642,440,000 |
| Total loans | 477,200,000 | 482,528,000 | 485,028,000 | 480,663,000 |
| Allowance for loan losses | 5,220,000 | 5,507,000 | 5,755,000 | 5,656,000 |
| Securities available for sale | 71,495,000 | 69,103,000 | 65,352,000 | 67,349,000 |
| Securities held to maturity | 25,915,000 | 25,767,000 | 24,994,000 | 24,893,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 578,585,000 | 604,914,000 | 602,601,000 | 593,620,000 |
| Interest-bearing deposits | 217,219,000 | 209,141,000 | 205,071,000 | 199,971,000 |
| Noninterest-bearing deposits | 361,366,000 | 395,773,000 | 397,530,000 | 393,649,000 |
| Equity capital | 40,241,000 | 40,787,000 | 40,230,000 | 44,160,000 |
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 | 6,119,000 | 12,505,000 | 19,282,000 | 26,151,000 |
| Interest expense | 799,000 | 1,715,000 | 2,753,000 | 3,902,000 |
| Net interest income | 5,320,000 | 10,790,000 | 16,529,000 | 22,249,000 |
| Noninterest income | 280,000 | 654,000 | 953,000 | 1,310,000 |
| Noninterest expense | 3,994,000 | 7,997,000 | 12,124,000 | 16,120,000 |
| Provision for loan losses | 175,000 | 462,000 | 715,000 | 718,000 |
| Pretax income | 1,505,000 | 2,999,000 | 4,467,000 | 6,393,000 |
| Income tax | 389,000 | 771,000 | 1,142,000 | 1,665,000 |
| Net income | 1,116,000 | 2,228,000 | 3,325,000 | 4,728,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,693,000 | 52,805,000 | 53,902,000 | 55,305,000 |
| Total capital | 57,023,000 | 58,308,000 | 59,441,000 | 60,784,000 |
| Risk-weighted assets | 426,058,000 | 439,757,000 | 442,452,000 | 437,619,000 |