Call reports 2024
SPENCER SAVINGS BANK, SAVINGS AND LOAN ASSOCIATION — 2024
What SPENCER SAVINGS BANK, SAVINGS AND LOAN ASSOCIATION 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 | 3,923,872,000 | 3,870,213,000 | 3,950,553,000 | 4,009,043,000 |
| Total loans | 3,214,828,000 | 3,215,510,000 | 3,187,479,000 | 3,193,767,000 |
| Allowance for loan losses | 29,038,000 | 28,754,000 | 28,727,000 | 27,952,000 |
| Securities available for sale | 353,113,000 | 354,568,000 | 365,874,000 | 396,455,000 |
| Securities held to maturity | 19,701,000 | 19,141,000 | 19,140,000 | 44,461,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,846,480,000 | 2,854,962,000 | 2,998,509,000 | 3,086,515,000 |
| Interest-bearing deposits | 2,502,075,000 | 2,522,926,000 | 2,656,735,000 | 2,762,146,000 |
| Noninterest-bearing deposits | 344,405,000 | 332,036,000 | 341,774,000 | 324,369,000 |
| Equity capital | 427,366,000 | 430,625,000 | 436,407,000 | 438,811,000 |
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 | 42,303,000 | 85,254,000 | 129,716,000 | 174,605,000 |
| Interest expense | 23,807,000 | 48,294,000 | 73,846,000 | 99,361,000 |
| Net interest income | 18,496,000 | 36,960,000 | 55,870,000 | 75,244,000 |
| Noninterest income | 1,824,000 | 4,855,000 | 6,347,000 | 7,795,000 |
| Noninterest expense | 16,369,000 | 33,467,000 | 50,596,000 | 67,891,000 |
| Provision for loan losses | 0 | 0 | 153,000 | -847,000 |
| Pretax income | 3,951,000 | 8,405,000 | 11,508,000 | 16,644,000 |
| Income tax | 745,000 | 1,076,000 | 1,578,000 | 3,612,000 |
| Net income | 3,206,000 | 7,329,000 | 9,930,000 | 13,032,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 411,031,000 | 415,199,000 | 417,844,000 | 420,989,000 |
| Total capital | 441,149,000 | 445,033,000 | 447,651,000 | 449,587,000 |
| Risk-weighted assets | 2,792,254,000 | 2,761,511,000 | 2,711,314,000 | 2,629,462,000 |