Call reports 2022
BAY STATE SAVINGS BANK — 2022
What BAY STATE SAVINGS BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 514,816,000 | 512,634,000 | 497,041,000 | 500,594,000 |
| Total loans | 401,320,000 | 399,299,000 | 411,038,000 | 427,361,000 |
| Allowance for loan losses | 4,525,000 | 4,490,000 | 4,506,000 | 4,505,000 |
| Securities available for sale | 23,390,000 | 41,287,000 | 48,538,000 | 47,952,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 461,417,000 | 460,029,000 | 445,260,000 | 440,961,000 |
| Interest-bearing deposits | 359,064,000 | 355,454,000 | 342,544,000 | 341,560,000 |
| Noninterest-bearing deposits | 102,353,000 | 104,575,000 | 102,716,000 | 99,401,000 |
| Equity capital | 44,909,000 | 44,298,000 | 43,010,000 | 43,914,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 3,868,000 | 8,023,000 | 12,634,000 | 17,660,000 |
| Interest expense | 278,000 | 552,000 | 890,000 | 1,765,000 |
| Net interest income | 3,590,000 | 7,471,000 | 11,744,000 | 15,895,000 |
| Noninterest income | 307,000 | 566,000 | 897,000 | 1,234,000 |
| Noninterest expense | 3,252,000 | 6,618,000 | 10,051,000 | 13,666,000 |
| Provision for loan losses | 1,000 | 1,000 | 1,000 | 1,000 |
| Pretax income | 644,000 | 1,418,000 | 2,589,000 | 3,462,000 |
| Income tax | 201,000 | 450,000 | 768,000 | 946,000 |
| Net income | 443,000 | 968,000 | 1,821,000 | 2,516,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,054,000 | 45,258,000 | 45,505,000 | 46,268,000 |
| Total capital | 49,435,000 | 49,615,000 | 50,011,000 | 50,773,000 |
| Risk-weighted assets | 350,351,000 | 348,442,000 | 365,597,000 | 377,891,000 |