Call reports 2024
BLUE FOUNDRY BANK — 2024
What BLUE FOUNDRY BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 2,022,886,000 | 2,041,630,000 | 2,051,950,000 | 2,057,260,000 |
| Total loans | 1,554,177,000 | 1,547,384,000 | 1,550,983,000 | 1,583,482,000 |
| Allowance for loan losses | 13,749,000 | 13,027,000 | 13,012,000 | 12,965,000 |
| Securities available for sale | 265,191,000 | 297,790,000 | 290,806,000 | 297,028,000 |
| Securities held to maturity | 33,357,000 | 33,302,000 | 33,241,000 | 33,174,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,351,480,000 | 1,369,127,000 | 1,370,657,000 | 1,390,223,000 |
| Interest-bearing deposits | 1,259,653,000 | 1,280,205,000 | 1,289,313,000 | 1,309,795,000 |
| Noninterest-bearing deposits | 91,827,000 | 88,922,000 | 81,344,000 | 80,428,000 |
| Equity capital | 273,654,000 | 272,899,000 | 272,516,000 | 270,904,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 20,960,000 | 42,298,000 | 63,885,000 | 85,735,000 |
| Interest expense | 11,589,000 | 23,476,000 | 36,090,000 | 48,571,000 |
| Net interest income | 9,371,000 | 18,822,000 | 27,795,000 | 37,164,000 |
| Noninterest income | 376,000 | 883,000 | 1,243,000 | 1,615,000 |
| Noninterest expense | 12,426,000 | 24,845,000 | 37,267,000 | 49,298,000 |
| Provision for loan losses | -396,000 | -1,102,000 | -1,107,000 | -1,144,000 |
| Pretax income | -2,144,000 | -3,843,000 | -7,180,000 | -9,169,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -2,144,000 | -3,843,000 | -7,180,000 | -9,169,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 294,356,000 | 293,395,000 | 290,848,000 | 289,614,000 |
| Total capital | 308,427,000 | 306,688,000 | 304,379,000 | 302,834,000 |
| Risk-weighted assets | 1,462,879,000 | 1,449,569,000 | 1,466,143,000 | 1,503,837,000 |