Call reports 2014
BAY STATE SAVINGS BANK — 2014
What BAY STATE SAVINGS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 302,482,000 | 315,807,000 | 324,074,000 | 340,983,000 |
| Total loans | 244,144,000 | 255,552,000 | 271,818,000 | 286,574,000 |
| Allowance for loan losses | 2,953,000 | 3,115,000 | 2,744,000 | 2,792,000 |
| Securities available for sale | 29,404,000 | 29,387,000 | 30,291,000 | 30,631,000 |
| Securities held to maturity | 515,000 | 515,000 | 515,000 | 515,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 246,778,000 | 261,827,000 | 253,534,000 | 257,503,000 |
| Interest-bearing deposits | 202,543,000 | 219,198,000 | 210,425,000 | 210,540,000 |
| Noninterest-bearing deposits | 44,235,000 | 42,629,000 | 43,109,000 | 46,963,000 |
| Equity capital | 29,795,000 | 30,354,000 | 30,632,000 | 30,944,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,964,000 | 6,044,000 | 9,293,000 | 12,614,000 |
| Interest expense | 409,000 | 817,000 | 1,257,000 | 1,736,000 |
| Net interest income | 2,555,000 | 5,227,000 | 8,036,000 | 10,878,000 |
| Noninterest income | 338,000 | 672,000 | 1,023,000 | 1,413,000 |
| Noninterest expense | 2,438,000 | 4,968,000 | 7,440,000 | 10,478,000 |
| Provision for loan losses | 156,000 | 327,000 | 477,000 | 637,000 |
| Pretax income | 343,000 | 690,000 | 1,236,000 | 1,343,000 |
| Income tax | 70,000 | 148,000 | 315,000 | 282,000 |
| Net income | 273,000 | 542,000 | 921,000 | 1,061,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,278,000 | 29,546,000 | 29,925,000 | 30,065,000 |
| Total capital | 31,995,000 | 32,358,000 | 32,669,000 | 32,857,000 |
| Risk-weighted assets | 217,094,000 | 224,627,000 | 233,834,000 | 242,635,000 |