Call reports 2020
BAY STATE SAVINGS BANK — 2020
What BAY STATE SAVINGS BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 443,779,000 | 467,197,000 | 465,209,000 | 469,139,000 |
| Total loans | 402,469,000 | 426,011,000 | 424,740,000 | 407,421,000 |
| Allowance for loan losses | 5,126,000 | 5,194,000 | 5,284,000 | 5,413,000 |
| Securities available for sale | 9,991,000 | 9,462,000 | 8,805,000 | 8,006,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 374,077,000 | 402,506,000 | 400,128,000 | 408,323,000 |
| Interest-bearing deposits | 320,349,000 | 327,903,000 | 321,772,000 | 324,904,000 |
| Noninterest-bearing deposits | 53,728,000 | 74,603,000 | 78,356,000 | 83,419,000 |
| Equity capital | 40,110,000 | 40,871,000 | 41,403,000 | 42,081,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 4,392,000 | 8,691,000 | 12,923,000 | 17,261,000 |
| Interest expense | 1,180,000 | 2,145,000 | 2,878,000 | 3,441,000 |
| Net interest income | 3,212,000 | 6,546,000 | 10,045,000 | 13,820,000 |
| Noninterest income | 241,000 | 793,000 | 1,237,000 | 1,789,000 |
| Noninterest expense | 2,868,000 | 5,691,000 | 8,835,000 | 12,168,000 |
| Provision for loan losses | 63,000 | 126,000 | 219,000 | 350,000 |
| Pretax income | 522,000 | 1,522,000 | 2,228,000 | 3,091,000 |
| Income tax | 143,000 | 424,000 | 587,000 | 784,000 |
| Net income | 379,000 | 1,098,000 | 1,641,000 | 2,307,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,014,000 | 39,791,000 | 40,330,000 | 41,003,000 |
| Total capital | 43,288,000 | 44,007,000 | 44,556,000 | 45,211,000 |
| Risk-weighted assets | 341,096,000 | 336,274,000 | 337,055,000 | 335,442,000 |