Call reports 2013
BAY STATE SAVINGS BANK — 2013
What BAY STATE SAVINGS BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 282,062,000 | 285,120,000 | 286,341,000 | 286,854,000 |
| Total loans | 215,223,000 | 217,164,000 | 218,976,000 | 230,946,000 |
| Allowance for loan losses | 2,723,000 | 2,638,000 | 2,708,000 | 2,800,000 |
| Securities available for sale | 25,018,000 | 27,486,000 | 32,083,000 | 30,112,000 |
| Securities held to maturity | 515,000 | 515,000 | 515,000 | 515,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 228,339,000 | 233,564,000 | 237,537,000 | 237,981,000 |
| Interest-bearing deposits | 189,421,000 | 190,290,000 | 194,336,000 | 197,705,000 |
| Noninterest-bearing deposits | 38,918,000 | 43,274,000 | 43,201,000 | 40,276,000 |
| Equity capital | 28,818,000 | 28,423,000 | 28,600,000 | 29,371,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 2,916,000 | 5,749,000 | 8,576,000 | 11,467,000 |
| Interest expense | 407,000 | 816,000 | 1,231,000 | 1,650,000 |
| Net interest income | 2,509,000 | 4,933,000 | 7,345,000 | 9,817,000 |
| Noninterest income | 262,000 | 454,000 | 819,000 | 1,200,000 |
| Noninterest expense | 2,393,000 | 4,905,000 | 7,363,000 | 9,900,000 |
| Provision for loan losses | 101,000 | 241,000 | 502,000 | 788,000 |
| Pretax income | 353,000 | 565,000 | 716,000 | 849,000 |
| Income tax | 73,000 | 102,000 | 115,000 | 105,000 |
| Net income | 280,000 | 463,000 | 601,000 | 744,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,539,000 | 28,723,000 | 28,861,000 | 29,004,000 |
| Total capital | 30,975,000 | 31,235,000 | 31,396,000 | 31,632,000 |
| Risk-weighted assets | 194,574,000 | 200,831,000 | 202,634,000 | 210,043,000 |