Call reports 2024
LOWELL FIVE CENT SAVINGS BANK, THE — 2024
What LOWELL FIVE CENT SAVINGS BANK, 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 | 1,639,951,000 | 1,676,512,000 | 1,650,742,000 | 1,662,732,000 |
| Total loans | 1,210,710,000 | 1,230,275,000 | 1,263,767,000 | 1,296,674,000 |
| Allowance for loan losses | 14,109,000 | 14,476,000 | 14,615,000 | 14,856,000 |
| Securities available for sale | 229,770,000 | 215,709,000 | 215,041,000 | 181,702,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,419,027,000 | 1,452,157,000 | 1,417,692,000 | 1,428,671,000 |
| Interest-bearing deposits | 1,197,052,000 | 1,231,332,000 | 1,208,063,000 | 1,216,591,000 |
| Noninterest-bearing deposits | 221,975,000 | 220,825,000 | 209,629,000 | 212,080,000 |
| Equity capital | 192,774,000 | 195,665,000 | 203,214,000 | 204,516,000 |
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 | 18,969,000 | 38,802,000 | 59,100,000 | 80,287,000 |
| Interest expense | 6,489,000 | 13,689,000 | 21,313,000 | 29,059,000 |
| Net interest income | 12,480,000 | 25,113,000 | 37,787,000 | 51,228,000 |
| Noninterest income | 1,241,000 | 2,415,000 | 3,679,000 | 4,998,000 |
| Noninterest expense | 9,823,000 | 19,433,000 | 29,034,000 | 39,187,000 |
| Provision for loan losses | 266,000 | 630,000 | 772,000 | 1,013,000 |
| Pretax income | 3,548,000 | 7,403,000 | 11,340,000 | 15,600,000 |
| Income tax | 940,000 | 1,961,000 | 2,976,000 | 4,052,000 |
| Net income | 2,608,000 | 5,442,000 | 8,364,000 | 11,548,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 209,310,000 | 212,144,000 | 215,066,000 | 218,250,000 |
| Total capital | 224,209,000 | 227,388,000 | 230,707,000 | 234,225,000 |
| Risk-weighted assets | 1,270,687,000 | 1,264,534,000 | 1,300,637,000 | 1,331,727,000 |