Call reports 2024
MERRIMACK COUNTY SAVINGS BANK — 2024
What MERRIMACK COUNTY SAVINGS 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 | 1,358,652,000 | 1,384,318,000 | 1,380,640,000 | 1,353,925,000 |
| Total loans | 1,167,672,000 | 1,177,826,000 | 1,167,764,000 | 1,150,547,000 |
| Allowance for loan losses | 11,460,000 | 12,071,000 | 11,830,000 | 12,286,000 |
| Securities available for sale | 122,281,000 | 126,147,000 | 129,890,000 | 127,934,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,003,157,000 | 1,047,199,000 | 1,050,589,000 | 1,120,519,000 |
| Interest-bearing deposits | 841,455,000 | 857,463,000 | 872,075,000 | 944,276,000 |
| Noninterest-bearing deposits | 161,702,000 | 189,736,000 | 178,514,000 | 176,243,000 |
| Equity capital | 113,634,000 | 114,741,000 | 117,711,000 | 115,328,000 |
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 | 15,085,000 | 30,603,000 | 46,627,000 | 62,609,000 |
| Interest expense | 6,295,000 | 12,942,000 | 20,083,000 | 26,753,000 |
| Net interest income | 8,790,000 | 17,661,000 | 26,544,000 | 35,856,000 |
| Noninterest income | 865,000 | 1,870,000 | 2,796,000 | 4,001,000 |
| Noninterest expense | 7,804,000 | 15,530,000 | 23,538,000 | 32,047,000 |
| Provision for loan losses | 228,000 | 914,000 | 3,306,000 | 4,232,000 |
| Pretax income | 1,611,000 | 3,070,000 | 2,479,000 | 3,561,000 |
| Income tax | 329,000 | 634,000 | 297,000 | 453,000 |
| Net income | 1,282,000 | 2,436,000 | 2,182,000 | 3,108,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 128,186,000 | 129,181,000 | 128,768,000 | 129,531,000 |
| Total capital | 140,190,000 | 141,802,000 | 141,147,000 | 142,367,000 |
| Risk-weighted assets | 1,049,826,000 | 1,066,941,000 | 1,049,794,000 | 1,039,874,000 |