Call reports 2024
FIDELITY CO-OPERATIVE BANK — 2024
What FIDELITY CO-OPERATIVE 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 | 1,458,808,000 | 1,543,566,000 | 1,615,526,000 | 1,550,411,000 |
| Total loans | 1,103,271,000 | 1,039,677,000 | 1,058,123,000 | 1,070,673,000 |
| Allowance for loan losses | 7,913,000 | 7,510,000 | 7,763,000 | 7,590,000 |
| Securities available for sale | 159,727,000 | 157,726,000 | 271,104,000 | 268,521,000 |
| Securities held to maturity | 73,172,000 | 65,778,000 | 25,178,000 | 27,257,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,312,519,000 | 1,351,736,000 | 1,410,901,000 | 1,352,411,000 |
| Interest-bearing deposits | 1,100,262,000 | 1,131,153,000 | 1,198,872,000 | 1,133,953,000 |
| Noninterest-bearing deposits | 212,257,000 | 220,583,000 | 212,029,000 | 218,458,000 |
| Equity capital | 130,426,000 | 178,139,000 | 182,628,000 | 174,614,000 |
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 | 19,115,000 | 23,804,000 | 48,938,000 | 72,589,000 |
| Interest expense | 8,933,000 | 9,364,000 | 19,220,000 | 28,380,000 |
| Net interest income | 10,182,000 | 14,440,000 | 29,718,000 | 44,209,000 |
| Noninterest income | 1,348,000 | 2,011,000 | 3,147,000 | 4,301,000 |
| Noninterest expense | 9,413,000 | 10,335,000 | 20,905,000 | 33,049,000 |
| Provision for loan losses | 66,000 | 5,119,000 | 5,356,000 | 5,180,000 |
| Pretax income | 3,791,000 | 384,000 | 6,406,000 | 10,095,000 |
| Income tax | 901,000 | -30,000 | 1,532,000 | 2,183,000 |
| Net income | 2,890,000 | 414,000 | 4,874,000 | 7,912,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 138,705,000 | 137,531,000 | 140,106,000 | 137,038,000 |
| Total capital | 147,111,000 | — | — | — |
| Risk-weighted assets | 1,100,592,000 | — | — | — |