Call reports 2024
BANK OF WOLCOTT — 2024
What BANK OF WOLCOTT 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 | 241,476,000 | 241,311,000 | 242,405,000 | 245,741,000 |
| Total loans | 132,014,000 | 130,306,000 | 131,347,000 | 137,211,000 |
| Allowance for loan losses | 2,436,000 | 2,374,000 | 2,386,000 | 2,293,000 |
| Securities available for sale | 92,325,000 | 95,895,000 | 95,990,000 | 97,905,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 208,440,000 | 209,443,000 | 207,362,000 | 206,559,000 |
| Interest-bearing deposits | 156,810,000 | 158,803,000 | 159,412,000 | 156,848,000 |
| Noninterest-bearing deposits | 51,630,000 | 50,640,000 | 47,950,000 | 49,711,000 |
| Equity capital | 19,935,000 | 20,584,000 | 23,675,000 | 21,199,000 |
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 | 2,688,000 | 5,589,000 | 8,433,000 | 11,344,000 |
| Interest expense | 866,000 | 1,908,000 | 2,911,000 | 3,913,000 |
| Net interest income | 1,822,000 | 3,681,000 | 5,522,000 | 7,431,000 |
| Noninterest income | 185,000 | 392,000 | 606,000 | 851,000 |
| Noninterest expense | 1,066,000 | 2,238,000 | 3,270,000 | 4,490,000 |
| Provision for loan losses | 73,000 | 35,000 | 24,000 | 58,000 |
| Pretax income | 869,000 | 1,795,000 | 2,793,000 | 3,699,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 869,000 | 1,795,000 | 2,793,000 | 3,699,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,564,000 | 29,139,000 | 29,788,000 | 30,343,000 |