Call reports 2021
BAY STATE SAVINGS BANK — 2021
What BAY STATE SAVINGS BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 482,263,000 | 486,277,000 | 488,109,000 | 491,580,000 |
| Total loans | 407,837,000 | 396,839,000 | 386,729,000 | 394,335,000 |
| Allowance for loan losses | 5,546,000 | 5,625,000 | 5,685,000 | 4,530,000 |
| Securities available for sale | 17,102,000 | 16,587,000 | 16,885,000 | 25,540,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 422,415,000 | 426,167,000 | 426,730,000 | 437,167,000 |
| Interest-bearing deposits | 331,677,000 | 333,448,000 | 333,097,000 | 337,124,000 |
| Noninterest-bearing deposits | 90,738,000 | 92,719,000 | 93,633,000 | 100,043,000 |
| Equity capital | 42,606,000 | 44,104,000 | 44,618,000 | 45,818,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 4,249,000 | 8,378,000 | 12,672,000 | 16,796,000 |
| Interest expense | 454,000 | 859,000 | 1,228,000 | 1,568,000 |
| Net interest income | 3,795,000 | 7,519,000 | 11,444,000 | 15,228,000 |
| Noninterest income | 466,000 | 871,000 | 1,160,000 | 1,503,000 |
| Noninterest expense | 3,036,000 | 6,241,000 | 9,476,000 | 13,135,000 |
| Provision for loan losses | 153,000 | 231,000 | 309,000 | -843,000 |
| Pretax income | 1,072,000 | 2,935,000 | 3,992,000 | 5,612,000 |
| Income tax | 302,000 | 758,000 | 1,032,000 | 1,431,000 |
| Net income | 770,000 | 2,177,000 | 2,960,000 | 4,181,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,477,000 | 42,910,000 | 43,615,000 | 44,831,000 |
| Total capital | 45,705,000 | 47,106,000 | 47,761,000 | 49,113,000 |
| Risk-weighted assets | 336,933,000 | 334,287,000 | 330,111,000 | 342,280,000 |