Call reports 2024
CHARLES RIVER BANK — 2024
What CHARLES RIVER 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 | 294,653,000 | 302,209,000 | 304,381,000 | 311,674,000 |
| Total loans | 214,944,000 | 214,906,000 | 212,529,000 | 219,164,000 |
| Allowance for loan losses | 1,462,000 | 1,461,000 | 1,488,000 | 1,484,000 |
| Securities available for sale | 50,248,000 | 49,204,000 | 50,327,000 | 50,051,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 275,181,000 | 282,597,000 | 282,886,000 | 291,584,000 |
| Interest-bearing deposits | 213,682,000 | 215,490,000 | 217,132,000 | 226,465,000 |
| Noninterest-bearing deposits | 61,499,000 | 67,107,000 | 65,754,000 | 65,119,000 |
| Equity capital | 17,131,000 | 17,238,000 | 19,333,000 | 17,759,000 |
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 | 3,093,000 | 6,205,000 | 9,475,000 | 12,761,000 |
| Interest expense | 898,000 | 1,879,000 | 2,970,000 | 4,119,000 |
| Net interest income | 2,195,000 | 4,326,000 | 6,505,000 | 8,642,000 |
| Noninterest income | 501,000 | 825,000 | 1,469,000 | 1,796,000 |
| Noninterest expense | 2,361,000 | 4,715,000 | 7,090,000 | 9,471,000 |
| Provision for loan losses | 0 | 0 | 28,000 | 34,000 |
| Pretax income | 335,000 | 436,000 | 856,000 | 933,000 |
| Income tax | 25,000 | 44,000 | 76,000 | 105,000 |
| Net income | 310,000 | 392,000 | 780,000 | 828,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,793,000 | 24,875,000 | 25,262,000 | 25,311,000 |
| Total capital | 26,376,000 | 26,457,000 | 26,872,000 | 26,916,000 |
| Risk-weighted assets | 196,136,000 | 196,753,000 | 195,924,000 | 204,414,000 |