Call reports 2024
FIRST NATIONAL BANK OF WAKEFIELD, THE — 2024
What FIRST NATIONAL BANK OF WAKEFIELD, THE 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 | 54,134,000 | 54,403,000 | 55,517,000 | 53,423,000 |
| Total loans | 22,566,000 | 22,164,000 | 22,382,000 | 21,802,000 |
| Allowance for loan losses | 303,000 | 303,000 | 274,000 | 275,000 |
| Securities available for sale | 10,228,000 | 10,295,000 | 12,250,000 | 12,053,000 |
| Securities held to maturity | 12,580,000 | 12,575,000 | 12,569,000 | 12,063,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,966,000 | 50,120,000 | 50,898,000 | 48,980,000 |
| Interest-bearing deposits | 33,093,000 | 33,198,000 | 33,868,000 | 32,550,000 |
| Noninterest-bearing deposits | 16,873,000 | 16,922,000 | 17,030,000 | 16,430,000 |
| Equity capital | 4,116,000 | 4,197,000 | 4,499,000 | 4,339,000 |
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 | 517,000 | 1,037,000 | 1,589,000 | 2,140,000 |
| Interest expense | 56,000 | 118,000 | 183,000 | 251,000 |
| Net interest income | 461,000 | 919,000 | 1,406,000 | 1,889,000 |
| Noninterest income | 26,000 | 72,000 | 111,000 | 151,000 |
| Noninterest expense | 413,000 | 836,000 | 1,289,000 | 1,739,000 |
| Provision for loan losses | 0 | 0 | -20,000 | -20,000 |
| Pretax income | 74,000 | 155,000 | 248,000 | 305,000 |
| Income tax | 11,000 | 15,000 | 37,000 | 47,000 |
| Net income | 63,000 | 140,000 | 211,000 | 258,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,121,000 | 5,148,000 | 5,170,000 | 5,166,000 |
| Total capital | 5,403,000 | 5,429,000 | 5,444,000 | 5,441,000 |
| Risk-weighted assets | 22,555,000 | 22,450,000 | 23,089,000 | 22,099,000 |