Call reports 2016
BAY STATE SAVINGS BANK — 2016
What BAY STATE SAVINGS BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 376,281,000 | 376,762,000 | 384,873,000 | 377,247,000 |
| Total loans | 316,325,000 | 324,097,000 | 332,001,000 | 322,531,000 |
| Allowance for loan losses | 3,729,000 | 3,875,000 | 3,818,000 | 4,192,000 |
| Securities available for sale | 30,092,000 | 29,276,000 | 29,497,000 | 28,344,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 292,971,000 | 284,970,000 | 290,836,000 | 302,767,000 |
| Interest-bearing deposits | 234,516,000 | 232,319,000 | 238,244,000 | 246,707,000 |
| Noninterest-bearing deposits | 58,455,000 | 52,651,000 | 52,592,000 | 56,060,000 |
| Equity capital | 32,763,000 | 33,196,000 | 33,419,000 | 33,416,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 3,470,000 | 6,917,000 | 10,481,000 | 13,943,000 |
| Interest expense | 614,000 | 1,234,000 | 1,863,000 | 2,508,000 |
| Net interest income | 2,856,000 | 5,683,000 | 8,618,000 | 11,435,000 |
| Noninterest income | 323,000 | 716,000 | 1,110,000 | 1,802,000 |
| Noninterest expense | 2,625,000 | 5,264,000 | 8,008,000 | 10,883,000 |
| Provision for loan losses | 165,000 | 330,000 | 498,000 | 665,000 |
| Pretax income | 423,000 | 839,000 | 1,307,000 | 1,774,000 |
| Income tax | 126,000 | 244,000 | 383,000 | 524,000 |
| Net income | 297,000 | 595,000 | 924,000 | 1,250,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,661,000 | 32,043,000 | 32,309,000 | 32,458,000 |
| Total capital | 35,411,000 | 35,956,000 | 36,227,000 | 36,387,000 |
| Risk-weighted assets | 266,868,000 | 275,761,000 | 278,117,000 | 274,901,000 |