Call reports 2018
BAY STATE SAVINGS BANK — 2018
What BAY STATE SAVINGS BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 406,433,000 | 415,071,000 | 422,075,000 | 418,121,000 |
| Total loans | 355,702,000 | 366,516,000 | 372,222,000 | 373,462,000 |
| Allowance for loan losses | 4,611,000 | 4,754,000 | 4,885,000 | 4,795,000 |
| Securities available for sale | 25,559,000 | 23,752,000 | 25,450,000 | 20,635,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 313,303,000 | 315,675,000 | 319,967,000 | 328,880,000 |
| Interest-bearing deposits | 259,584,000 | 263,695,000 | 268,429,000 | 276,612,000 |
| Noninterest-bearing deposits | 53,719,000 | 51,980,000 | 51,538,000 | 52,268,000 |
| Equity capital | 36,973,000 | 37,313,000 | 37,535,000 | 37,743,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 3,848,000 | 7,854,000 | 11,972,000 | 16,231,000 |
| Interest expense | 779,000 | 1,678,000 | 2,729,000 | 3,862,000 |
| Net interest income | 3,069,000 | 6,176,000 | 9,243,000 | 12,369,000 |
| Noninterest income | 314,000 | 657,000 | 969,000 | 1,303,000 |
| Noninterest expense | 2,776,000 | 5,703,000 | 8,899,000 | 11,840,000 |
| Provision for loan losses | 159,000 | 309,000 | 429,000 | 429,000 |
| Pretax income | 788,000 | 1,312,000 | 1,378,000 | 1,995,000 |
| Income tax | 198,000 | 322,000 | 309,000 | 507,000 |
| Net income | 590,000 | 990,000 | 1,069,000 | 1,488,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,684,000 | 36,066,000 | 36,208,000 | 36,531,000 |
| Total capital | 40,268,000 | 40,728,000 | 41,106,000 | 41,092,000 |
| Risk-weighted assets | 309,826,000 | 316,550,000 | 324,324,000 | 320,129,000 |