Call reports 2024
MONROE FEDERAL SAVINGS AND LOAN ASSOCIATION — 2024
What MONROE FEDERAL SAVINGS AND LOAN ASSOCIATION 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 | 155,338,000 | 147,476,000 | 147,909,000 | 144,911,000 |
| Total loans | 108,725,000 | 109,818,000 | 109,453,000 | 108,165,000 |
| Allowance for loan losses | 855,000 | 871,000 | 875,000 | 915,000 |
| Securities available for sale | 24,035,000 | 23,461,000 | 24,027,000 | 22,529,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 142,464,000 | 130,214,000 | 127,822,000 | 132,406,000 |
| Interest-bearing deposits | 133,142,000 | 121,200,000 | 114,333,000 | 120,163,000 |
| Noninterest-bearing deposits | 9,322,000 | 9,014,000 | 13,489,000 | 12,243,000 |
| Equity capital | 8,565,000 | 8,339,000 | 9,084,000 | 9,970,000 |
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 | 1,435,000 | 2,926,000 | 4,393,000 | 5,867,000 |
| Interest expense | 487,000 | 998,000 | 1,618,000 | 2,161,000 |
| Net interest income | 948,000 | 1,928,000 | 2,775,000 | 3,706,000 |
| Noninterest income | 80,000 | 163,000 | 243,000 | 326,000 |
| Noninterest expense | 1,073,000 | 2,266,000 | 3,328,000 | 4,365,000 |
| Provision for loan losses | -90,000 | -76,000 | -73,000 | -33,000 |
| Pretax income | 59,000 | -103,000 | -223,000 | -307,000 |
| Income tax | 1,000 | -43,000 | -77,000 | -78,000 |
| Net income | 58,000 | -60,000 | -146,000 | -229,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,132,000 | 12,945,000 | 12,859,000 | 14,424,000 |
| Total capital | 13,829,000 | 13,748,000 | 13,648,000 | — |
| Risk-weighted assets | 92,255,000 | 95,813,000 | 98,007,000 | — |