Call reports 2024
FIRST NATIONAL BANK OF ORWELL — 2024
What FIRST NATIONAL BANK OF ORWELL 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 | 78,008,000 | 81,265,000 | 85,714,000 | 87,669,000 |
| Total loans | 67,311,000 | 68,641,000 | 70,650,000 | 70,864,000 |
| Allowance for loan losses | 899,000 | 898,000 | 936,000 | 912,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,177,000 | 71,124,000 | 75,614,000 | 77,381,000 |
| Interest-bearing deposits | 49,199,000 | 51,914,000 | 55,440,000 | 57,799,000 |
| Noninterest-bearing deposits | 18,978,000 | 19,210,000 | 20,174,000 | 19,582,000 |
| Equity capital | 9,657,000 | 9,570,000 | 9,836,000 | 9,723,000 |
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 | 1,171,000 | 2,391,000 | 3,698,000 | 5,088,000 |
| Interest expense | 293,000 | 640,000 | 1,043,000 | 1,500,000 |
| Net interest income | 878,000 | 1,751,000 | 2,655,000 | 3,588,000 |
| Noninterest income | 58,000 | 108,000 | 160,000 | 220,000 |
| Noninterest expense | 577,000 | 1,138,000 | 1,710,000 | 2,360,000 |
| Provision for loan losses | 3,000 | 3,000 | 52,000 | 64,000 |
| Pretax income | 356,000 | 718,000 | 1,053,000 | 1,384,000 |
| Income tax | 74,000 | 148,000 | 216,000 | 285,000 |
| Net income | 282,000 | 570,000 | 837,000 | 1,099,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,657,000 | 9,570,000 | 9,836,000 | 9,723,000 |