Call reports 2024
ULSTER SAVINGS BANK — 2024
What ULSTER 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 | 1,310,944,000 | 1,341,007,000 | 1,340,808,000 | 1,332,663,000 |
| Total loans | 1,023,417,000 | 1,024,379,000 | 1,019,340,000 | 1,011,277,000 |
| Allowance for loan losses | 11,487,000 | 11,622,000 | 12,217,000 | 11,973,000 |
| Securities available for sale | 172,743,000 | 170,251,000 | 174,862,000 | 171,448,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,101,208,000 | 1,131,985,000 | 1,155,237,000 | 1,181,240,000 |
| Interest-bearing deposits | 911,458,000 | 937,839,000 | 951,852,000 | 984,900,000 |
| Noninterest-bearing deposits | 189,750,000 | 194,146,000 | 203,385,000 | 196,340,000 |
| Equity capital | 104,650,000 | 105,288,000 | 111,282,000 | 108,300,000 |
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 | 13,904,000 | 28,068,000 | 42,642,000 | 57,058,000 |
| Interest expense | 5,478,000 | 11,284,000 | 17,413,000 | 23,484,000 |
| Net interest income | 8,426,000 | 16,784,000 | 25,229,000 | 33,574,000 |
| Noninterest income | 3,749,000 | 7,302,000 | 10,895,000 | 14,613,000 |
| Noninterest expense | 11,414,000 | 22,461,000 | 33,419,000 | 44,235,000 |
| Provision for loan losses | 89,000 | 339,000 | 849,000 | 692,000 |
| Pretax income | 686,000 | 1,447,000 | 2,462,000 | 3,709,000 |
| Income tax | 110,000 | 231,000 | 408,000 | 598,000 |
| Net income | 576,000 | 1,216,000 | 2,054,000 | 3,111,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 125,185,000 | 125,824,000 | 126,664,000 | 127,670,000 |
| Total capital | 137,208,000 | 137,824,000 | 138,444,000 | 139,463,000 |
| Risk-weighted assets | 961,346,000 | 959,447,000 | 941,548,000 | 942,622,000 |