Call reports 2024
MARBLEHEAD BANK — 2024
What MARBLEHEAD 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 | 256,840,000 | 266,642,000 | 256,670,000 | 260,699,000 |
| Total loans | 204,233,000 | 206,705,000 | 209,354,000 | 212,452,000 |
| Allowance for loan losses | 1,103,000 | 1,152,000 | 1,167,000 | 1,201,000 |
| Securities available for sale | 13,958,000 | 18,019,000 | 17,265,000 | 16,755,000 |
| Securities held to maturity | 2,000,000 | 1,000,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 226,752,000 | 236,352,000 | 225,804,000 | 229,766,000 |
| Interest-bearing deposits | 186,404,000 | 194,449,000 | 184,439,000 | 186,848,000 |
| Noninterest-bearing deposits | 40,348,000 | 41,903,000 | 41,365,000 | 42,918,000 |
| Equity capital | 23,286,000 | 23,573,000 | 24,087,000 | 24,284,000 |
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 | 2,721,000 | 5,567,000 | 8,519,000 | 11,378,000 |
| Interest expense | 388,000 | 838,000 | 1,336,000 | 1,839,000 |
| Net interest income | 2,333,000 | 4,729,000 | 7,183,000 | 9,539,000 |
| Noninterest income | 219,000 | 436,000 | 697,000 | 904,000 |
| Noninterest expense | 2,259,000 | 4,519,000 | 6,791,000 | 9,054,000 |
| Provision for loan losses | 12,000 | 63,000 | 78,000 | 114,000 |
| Pretax income | 280,000 | 585,000 | 1,007,000 | 1,262,000 |
| Income tax | 44,000 | 108,000 | 207,000 | 256,000 |
| Net income | 236,000 | 477,000 | 800,000 | 1,006,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,462,000 | 24,702,000 | 25,026,000 | 25,230,000 |
| Total capital | 25,581,000 | 25,866,000 | 26,212,000 | 26,459,000 |
| Risk-weighted assets | 146,109,000 | 150,367,000 | 150,713,000 | 155,765,000 |