Call reports 2024
MUTUALONE BANK — 2024
What MUTUALONE 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 | 1,293,537,000 | 1,263,832,000 | 1,251,872,000 | 1,260,426,000 |
| Total loans | 1,127,468,000 | 1,099,246,000 | 1,093,070,000 | 1,110,510,000 |
| Allowance for loan losses | 17,000,000 | 17,073,000 | 18,455,000 | 21,654,000 |
| Securities available for sale | 66,022,000 | 65,083,000 | 66,895,000 | 64,430,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 890,139,000 | 892,283,000 | 871,791,000 | 869,857,000 |
| Interest-bearing deposits | 786,908,000 | 778,549,000 | 752,339,000 | 759,373,000 |
| Noninterest-bearing deposits | 103,231,000 | 113,734,000 | 119,452,000 | 110,484,000 |
| Equity capital | 242,843,000 | 247,906,000 | 254,859,000 | 253,991,000 |
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 | 20,580,000 | 41,949,000 | 62,634,000 | 82,004,000 |
| Interest expense | 8,702,000 | 17,423,000 | 25,851,000 | 34,000,000 |
| Net interest income | 11,878,000 | 24,526,000 | 36,783,000 | 48,004,000 |
| Noninterest income | 235,000 | 627,000 | 867,000 | 1,122,000 |
| Noninterest expense | 6,099,000 | 11,767,000 | 17,518,000 | 23,569,000 |
| Provision for loan losses | -17,000 | 55,000 | 1,467,000 | 4,665,000 |
| Pretax income | 9,292,000 | 16,808,000 | 23,551,000 | 24,211,000 |
| Income tax | 2,363,000 | 4,690,000 | 6,510,000 | 6,728,000 |
| Net income | 6,929,000 | 12,118,000 | 17,041,000 | 17,483,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 250,277,000 | 255,546,000 | 260,469,000 | 260,911,000 |