Call reports 2024
WALDEN MUTUAL BANK — 2024
What WALDEN MUTUAL 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 | 93,964,000 | 105,919,000 | 120,497,000 | 123,766,000 |
| Total loans | 45,541,000 | 51,371,000 | 73,232,000 | 86,219,000 |
| Allowance for loan losses | 603,000 | 596,000 | 2,443,000 | 575,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 33,616,000 | 41,185,000 | 37,780,000 | 30,802,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,106,000 | 86,145,000 | 102,833,000 | 107,030,000 |
| Interest-bearing deposits | 60,788,000 | 72,921,000 | 85,672,000 | 89,492,000 |
| Noninterest-bearing deposits | 13,318,000 | 13,224,000 | 17,161,000 | 17,538,000 |
| Equity capital | 18,864,000 | 18,695,000 | 16,578,000 | 15,858,000 |
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 | 1,355,000 | 2,989,000 | 4,674,000 | 6,619,000 |
| Interest expense | 499,000 | 1,167,000 | 1,943,000 | 2,733,000 |
| Net interest income | 856,000 | 1,822,000 | 2,731,000 | 3,886,000 |
| Noninterest income | 14,000 | 32,000 | 51,000 | 73,000 |
| Noninterest expense | 1,083,000 | 2,212,000 | 3,410,000 | 4,621,000 |
| Provision for loan losses | 138,000 | 131,000 | 1,978,000 | 2,663,000 |
| Pretax income | -351,000 | -489,000 | -2,606,000 | -3,325,000 |
| Income tax | 0 | 30,000 | 30,000 | 30,000 |
| Net income | -351,000 | -519,000 | -2,636,000 | -3,355,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,864,000 | 18,695,000 | 16,578,000 | 15,858,000 |