Cambridge Bancorp (CATC) financial statements (2020 and earlier)

Company profile

Business Address 1336 MASSACHUSETTS AVENUE
CAMBRIDGE, MA 02138
State of Incorp.
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments6918104
Cash and cash equivalents6918104
Total current assets:6918104
Noncurrent Assets
Operating lease, right-of-use asset35
Property, plant and equipment1599
Intangible assets, net (including goodwill)3500
Goodwill3100
Intangible assets, net (excluding goodwill)3  
Deferred income tax assets8
Total noncurrent assets:92910
Other undisclosed assets2,6812,0741,837
TOTAL ASSETS:2,8422,1011,950
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt11490 
Total current liabilities:11490 
Noncurrent Liabilities
Other undisclosed liabilities2,4851,8441,802
Total liabilities:2,5991,9341,802
Stockholders' equity
Stockholders' equity attributable to parent243167148
Common stock544
Additional paid in capital983836
Accumulated other comprehensive loss(2)(6)(6)
Retained earnings142131114
Total stockholders' equity:243167148
TOTAL LIABILITIES AND EQUITY:2,8422,1011,950

Income statement (P&L) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
Revenues111134
Net investment income11109
Financial services revenue25
Cost of revenue(3)(2)(10)
Cost of goods and services sold  (9)
Provision for loan, lease, and other losses(3)(2)
Gross profit:8924
Operating expenses(26)(20)(46)
Operating loss:(18)(11)(22)
Nonoperating income
(Bank Owned Life Insurance Income)
111
Interest and debt expense(15)(5)(4)
Loss from continuing operations before equity method investments, income taxes:(32)(16)(25)
Other undisclosed income from continuing operations before income taxes634753
Income from continuing operations before income taxes:313128
Income tax expense(8)(7)(13)
Net income attributable to parent:232415
Undistributed earnings (loss) allocated to participating securities, basic(0)(0)(0)
Net income available to common stockholders, basic:232415
Dilutive securities, effect on basic earnings per share  0
Other undisclosed net loss available to common stockholders, diluted  (0)
Net income available to common stockholders, diluted:232415

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
Net income:232415
Other comprehensive income714
Comprehensive income, net of tax, attributable to parent:302419

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: