Call reports 2024
INSTITUTION FOR SAVINGS IN NEWBURYPORT AND ITS VICINITY — 2024
What INSTITUTION FOR SAVINGS IN NEWBURYPORT AND ITS VICINITY 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 | 5,085,006,000 | 5,199,682,000 | 5,214,566,000 | 5,342,448,000 |
| Total loans | 4,017,061,000 | 4,087,672,000 | 4,071,122,000 | 4,104,190,000 |
| Allowance for loan losses | 14,186,000 | 14,186,000 | 14,186,000 | 14,165,000 |
| Securities available for sale | 112,049,000 | 110,081,000 | 110,724,000 | 109,068,000 |
| Securities held to maturity | 138,542,000 | 134,578,000 | 133,107,000 | 131,707,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,133,088,000 | 3,136,572,000 | 3,133,418,000 | 3,358,935,000 |
| Interest-bearing deposits | 2,938,296,000 | 2,955,963,000 | 2,949,821,000 | 3,174,217,000 |
| Noninterest-bearing deposits | 194,792,000 | 180,609,000 | 183,597,000 | 184,718,000 |
| Equity capital | 588,182,000 | 595,822,000 | 606,880,000 | 607,031,000 |
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 | 45,842,000 | 92,857,000 | 141,789,000 | 191,830,000 |
| Interest expense | 33,543,000 | 68,419,000 | 105,610,000 | 143,888,000 |
| Net interest income | 12,299,000 | 24,438,000 | 36,179,000 | 47,942,000 |
| Noninterest income | 2,599,000 | 4,662,000 | 6,658,000 | 8,678,000 |
| Noninterest expense | 13,047,000 | 25,852,000 | 40,468,000 | 53,777,000 |
| Provision for loan losses | 150,000 | 150,000 | 150,000 | 150,000 |
| Pretax income | 24,293,000 | 33,635,000 | 42,863,000 | 44,841,000 |
| Income tax | 4,825,000 | 6,268,000 | 7,031,000 | 6,494,000 |
| Net income | 19,468,000 | 27,367,000 | 35,832,000 | 38,347,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 591,315,000 | 599,313,000 | 607,843,000 | 610,358,000 |
| Total capital | 605,770,000 | 613,768,000 | 622,298,000 | 624,791,000 |
| Risk-weighted assets | 3,837,294,000 | 3,919,911,000 | 3,996,281,000 | 4,062,521,000 |