Call reports 2024
BANK OF NEWINGTON — 2024
What BANK OF NEWINGTON 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 | 268,286,000 | 279,575,000 | 269,426,000 | 274,823,000 |
| Total loans | 212,571,000 | 208,685,000 | 210,016,000 | 219,145,000 |
| Allowance for loan losses | 3,244,000 | 3,381,000 | 3,460,000 | 3,706,000 |
| Securities available for sale | 15,645,000 | 15,612,000 | 19,935,000 | 19,197,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 244,173,000 | 254,204,000 | 242,648,000 | 238,379,000 |
| Interest-bearing deposits | 196,139,000 | 206,482,000 | 198,281,000 | 195,898,000 |
| Noninterest-bearing deposits | 48,034,000 | 47,722,000 | 44,367,000 | 42,481,000 |
| Equity capital | 21,981,000 | 23,131,000 | 24,087,000 | 24,540,000 |
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 | 4,629,000 | 9,626,000 | 14,758,000 | 19,795,000 |
| Interest expense | 1,561,000 | 3,363,000 | 5,282,000 | 7,116,000 |
| Net interest income | 3,068,000 | 6,263,000 | 9,476,000 | 12,679,000 |
| Noninterest income | 80,000 | 160,000 | 255,000 | 355,000 |
| Noninterest expense | 1,641,000 | 3,310,000 | 5,221,000 | 7,603,000 |
| Provision for loan losses | 135,000 | 270,000 | 455,000 | 665,000 |
| Pretax income | 1,357,000 | 2,813,000 | 4,020,000 | 4,731,000 |
| Income tax | 330,000 | 678,000 | 964,000 | 996,000 |
| Net income | 1,027,000 | 2,135,000 | 3,056,000 | 3,735,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,321,000 | 23,429,000 | 24,350,000 | 25,030,000 |
| Total capital | 24,889,000 | 25,917,000 | 26,848,000 | 27,668,000 |
| Risk-weighted assets | 204,442,000 | 197,779,000 | 198,480,000 | 209,636,000 |