Call reports 2024
MACHIAS SAVINGS BANK — 2024
What MACHIAS SAVINGS 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 | 2,536,962,000 | 2,602,801,000 | 2,632,240,000 | 2,607,826,000 |
| Total loans | 2,037,730,000 | 2,138,891,000 | 2,161,349,000 | 2,155,933,000 |
| Allowance for loan losses | 20,941,000 | 20,456,000 | 19,454,000 | 19,096,000 |
| Securities available for sale | 265,748,000 | 260,390,000 | 262,022,000 | 248,514,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 463,000 | 574,000 | 1,675,000 | 473,000 |
| Total deposits | 1,943,034,000 | 2,007,423,000 | 2,115,575,000 | 2,305,045,000 |
| Interest-bearing deposits | 1,744,689,000 | 1,789,530,000 | 1,876,920,000 | 2,062,874,000 |
| Noninterest-bearing deposits | 198,345,000 | 217,893,000 | 238,655,000 | 242,171,000 |
| Equity capital | 242,536,000 | 245,672,000 | 257,463,000 | 258,848,000 |
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 | 30,590,000 | 62,986,000 | 97,472,000 | 132,255,000 |
| Interest expense | 15,193,000 | 31,670,000 | 48,580,000 | 64,007,000 |
| Net interest income | 15,397,000 | 31,316,000 | 48,892,000 | 68,248,000 |
| Noninterest income | 2,997,000 | 6,616,000 | 10,534,000 | 14,671,000 |
| Noninterest expense | 15,811,000 | 32,893,000 | 50,593,000 | 67,519,000 |
| Provision for loan losses | 36,000 | -138,000 | -1,097,000 | -1,097,000 |
| Pretax income | 2,583,000 | 5,391,000 | 10,311,000 | 17,210,000 |
| Income tax | 681,000 | 773,000 | 1,578,000 | 2,589,000 |
| Net income | 1,902,000 | 4,618,000 | 8,733,000 | 14,621,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 276,561,000 | 279,277,000 | 283,392,000 | 289,280,000 |
| Total capital | 298,569,000 | 300,974,000 | 304,046,000 | 309,576,000 |
| Risk-weighted assets | 2,085,552,000 | 2,192,949,000 | 2,200,791,000 | 2,194,493,000 |