Call reports 2024
MA BANK — 2024
What MA 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 | 350,841,000 | 353,138,000 | 367,131,000 | 380,234,000 |
| Total loans | 179,433,000 | 186,121,000 | 186,732,000 | 194,061,000 |
| Allowance for loan losses | 2,491,000 | 2,597,000 | 2,652,000 | 2,767,000 |
| Securities available for sale | 136,509,000 | 132,888,000 | 142,874,000 | 142,959,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 316,369,000 | 316,534,000 | 325,703,000 | 341,834,000 |
| Interest-bearing deposits | 242,805,000 | 244,448,000 | 248,817,000 | 266,393,000 |
| Noninterest-bearing deposits | 73,564,000 | 72,086,000 | 76,886,000 | 75,441,000 |
| Equity capital | 29,358,000 | 30,263,000 | 34,962,000 | 31,991,000 |
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 | 3,831,000 | 7,975,000 | 12,277,000 | 16,721,000 |
| Interest expense | 1,072,000 | 2,263,000 | 3,600,000 | 5,157,000 |
| Net interest income | 2,759,000 | 5,712,000 | 8,677,000 | 11,564,000 |
| Noninterest income | 514,000 | 971,000 | 1,416,000 | 1,880,000 |
| Noninterest expense | 2,054,000 | 4,312,000 | 6,431,000 | 9,074,000 |
| Provision for loan losses | 45,000 | 135,000 | 225,000 | 315,000 |
| Pretax income | 703,000 | 1,765,000 | 2,966,000 | 3,584,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 703,000 | 1,765,000 | 2,966,000 | 3,584,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,721,000 | 35,626,000 | 36,837,000 | 36,705,000 |