Call reports 2023
MERRIMACK COUNTY SAVINGS BANK — 2023
What MERRIMACK COUNTY SAVINGS BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 1,332,758,000 | 1,355,202,000 | 1,360,683,000 | 1,368,285,000 |
| Total loans | 1,141,207,000 | 1,162,537,000 | 1,168,694,000 | 1,165,140,000 |
| Allowance for loan losses | 11,416,000 | 11,261,000 | 11,418,000 | 11,407,000 |
| Securities available for sale | 131,141,000 | 127,340,000 | 120,111,000 | 125,802,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,015,763,000 | 1,044,918,000 | 1,035,461,000 | 1,030,269,000 |
| Interest-bearing deposits | 844,252,000 | 862,994,000 | 851,883,000 | 854,827,000 |
| Noninterest-bearing deposits | 171,511,000 | 181,924,000 | 183,578,000 | 175,442,000 |
| Equity capital | 107,964,000 | 108,306,000 | 105,758,000 | 113,530,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 13,503,000 | 27,408,000 | 41,958,000 | 56,852,000 |
| Interest expense | 4,101,000 | 9,220,000 | 15,098,000 | 21,146,000 |
| Net interest income | 9,402,000 | 18,188,000 | 26,860,000 | 35,706,000 |
| Noninterest income | 861,000 | 1,739,000 | 2,672,000 | 4,226,000 |
| Noninterest expense | 7,677,000 | 15,377,000 | 23,624,000 | 30,540,000 |
| Provision for loan losses | 136,000 | 335,000 | 585,000 | 641,000 |
| Pretax income | 2,410,000 | 4,155,000 | 5,254,000 | 8,700,000 |
| Income tax | 568,000 | 967,000 | 1,078,000 | 1,728,000 |
| Net income | 1,842,000 | 3,188,000 | 4,176,000 | 6,972,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 122,380,000 | 123,607,000 | 124,477,000 | 127,092,000 |
| Total capital | 133,979,000 | 135,410,000 | 136,445,000 | 139,032,000 |
| Risk-weighted assets | 1,040,683,000 | 1,063,195,000 | 1,061,471,000 | 1,049,389,000 |