Call reports 2024
MASCOMA BANK — 2024
What MASCOMA 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 | 2,943,126,000 | 2,913,389,000 | 2,889,853,000 | 2,917,813,000 |
| Total loans | 2,386,994,000 | 2,408,662,000 | 2,393,581,000 | 2,432,691,000 |
| Allowance for loan losses | 16,722,000 | 17,011,000 | 16,789,000 | 17,597,000 |
| Securities available for sale | 369,100,000 | 358,736,000 | 358,782,000 | 340,893,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 12,379,000 | 12,754,000 | 13,474,000 | 13,100,000 |
| Total deposits | 2,511,525,000 | 2,458,436,000 | 2,534,229,000 | 2,614,357,000 |
| Interest-bearing deposits | 2,131,583,000 | 2,086,608,000 | 2,149,876,000 | 2,232,021,000 |
| Noninterest-bearing deposits | 379,942,000 | 371,828,000 | 384,353,000 | 382,336,000 |
| Equity capital | 220,450,000 | 223,415,000 | 234,630,000 | 228,244,000 |
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 | 30,096,000 | 60,374,000 | 91,703,000 | 123,082,000 |
| Interest expense | 12,837,000 | 26,579,000 | 40,561,000 | 53,540,000 |
| Net interest income | 17,259,000 | 33,795,000 | 51,142,000 | 69,542,000 |
| Noninterest income | 3,850,000 | 8,043,000 | 12,450,000 | 16,908,000 |
| Noninterest expense | 19,344,000 | 38,926,000 | 58,581,000 | 79,476,000 |
| Provision for loan losses | -127,000 | 257,000 | 224,000 | 1,196,000 |
| Pretax income | 1,813,000 | 2,723,000 | 4,976,000 | 5,942,000 |
| Income tax | -114,000 | -540,000 | -572,000 | -586,000 |
| Net income | 1,927,000 | 3,263,000 | 5,548,000 | 6,528,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 251,840,000 | 251,365,000 | 253,314,000 | 253,420,000 |
| Total capital | 269,618,000 | 269,286,000 | 270,892,000 | 271,830,000 |
| Risk-weighted assets | 2,167,712,000 | 2,189,848,000 | 2,147,665,000 | 2,175,522,000 |