Call reports 2024
HATCH BANK — 2024
What HATCH 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 | 159,324,000 | 125,650,000 | 121,817,000 | 117,740,000 |
| Total loans | 112,863,000 | 79,086,000 | 76,079,000 | 73,565,000 |
| Allowance for loan losses | 991,000 | 2,779,000 | 2,620,000 | 2,738,000 |
| Securities available for sale | 30,552,000 | 29,804,000 | 30,412,000 | 31,446,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,030,000 | 47,060,000 | 37,933,000 | 34,044,000 |
| Interest-bearing deposits | 80,993,000 | 47,020,000 | 37,894,000 | 34,006,000 |
| Noninterest-bearing deposits | 37,000 | 40,000 | 39,000 | 38,000 |
| Equity capital | 28,815,000 | 29,240,000 | 30,680,000 | 30,229,000 |
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 | 1,938,000 | 3,882,000 | 5,853,000 | 7,697,000 |
| Interest expense | 1,367,000 | 2,548,000 | 3,312,000 | 4,020,000 |
| Net interest income | 571,000 | 1,334,000 | 2,541,000 | 3,677,000 |
| Noninterest income | 1,473,000 | 2,793,000 | 4,155,000 | 5,366,000 |
| Noninterest expense | 1,570,000 | 3,076,000 | 5,001,000 | 6,876,000 |
| Provision for loan losses | 183,000 | 158,000 | 291,000 | 610,000 |
| Pretax income | 292,000 | 893,000 | 1,406,000 | 1,558,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 292,000 | 893,000 | 1,406,000 | 1,558,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,399,000 | 34,000,000 | 34,513,000 | 34,664,000 |
| Total capital | 34,390,000 | 35,175,000 | 35,650,000 | 35,757,000 |
| Risk-weighted assets | 107,920,000 | 92,387,000 | 89,438,000 | 85,775,000 |