Call reports 2019
BAY STATE SAVINGS BANK — 2019
What BAY STATE SAVINGS BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 418,724,000 | 419,482,000 | 424,955,000 | 437,728,000 |
| Total loans | 372,848,000 | 375,900,000 | 381,950,000 | 401,507,000 |
| Allowance for loan losses | 4,883,000 | 4,966,000 | 5,030,000 | 5,062,000 |
| Securities available for sale | 16,712,000 | 15,761,000 | 15,101,000 | 12,471,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 338,202,000 | 348,673,000 | 356,755,000 | 369,338,000 |
| Interest-bearing deposits | 284,265,000 | 295,375,000 | 302,642,000 | 318,208,000 |
| Noninterest-bearing deposits | 53,937,000 | 53,298,000 | 54,113,000 | 51,130,000 |
| Equity capital | 38,502,000 | 39,005,000 | 39,359,000 | 39,622,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 4,258,000 | 8,566,000 | 12,889,000 | 17,133,000 |
| Interest expense | 1,155,000 | 2,374,000 | 3,636,000 | 4,885,000 |
| Net interest income | 3,103,000 | 6,192,000 | 9,253,000 | 12,248,000 |
| Noninterest income | 540,000 | 946,000 | 1,286,000 | 1,648,000 |
| Noninterest expense | 3,060,000 | 5,962,000 | 8,878,000 | 11,943,000 |
| Provision for loan losses | 93,000 | 171,000 | 234,000 | 277,000 |
| Pretax income | 824,000 | 1,339,000 | 1,762,000 | 2,011,000 |
| Income tax | 180,000 | 294,000 | 388,000 | 415,000 |
| Net income | 644,000 | 1,045,000 | 1,374,000 | 1,596,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,600,000 | 38,029,000 | 38,365,000 | 38,603,000 |
| Total capital | 41,655,000 | 42,117,000 | 42,506,000 | 42,838,000 |
| Risk-weighted assets | 323,595,000 | 326,142,000 | 330,374,000 | 337,970,000 |