Call reports 2024
NEWPORT FEDERAL BANK — 2024
What NEWPORT FEDERAL 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 | 267,936,000 | 269,805,000 | 271,123,000 | 270,693,000 |
| Total loans | 117,552,000 | 119,183,000 | 120,337,000 | 121,435,000 |
| Allowance for loan losses | 1,656,000 | 1,657,000 | 1,657,000 | 1,628,000 |
| Securities available for sale | 112,084,000 | 110,575,000 | 117,443,000 | 118,962,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 247,332,000 | 248,936,000 | 247,200,000 | 248,195,000 |
| Interest-bearing deposits | 205,759,000 | 205,230,000 | 207,232,000 | 208,839,000 |
| Noninterest-bearing deposits | 41,573,000 | 43,706,000 | 39,968,000 | 39,356,000 |
| Equity capital | 17,807,000 | 18,137,000 | 20,705,000 | 19,050,000 |
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 | 2,578,000 | 5,311,000 | 8,061,000 | 10,850,000 |
| Interest expense | 1,165,000 | 2,431,000 | 3,736,000 | 5,070,000 |
| Net interest income | 1,413,000 | 2,880,000 | 4,325,000 | 5,780,000 |
| Noninterest income | 190,000 | 392,000 | 594,000 | 779,000 |
| Noninterest expense | 1,233,000 | 2,432,000 | 3,666,000 | 5,009,000 |
| Provision for loan losses | 0 | 0 | 0 | -29,000 |
| Pretax income | 370,000 | 840,000 | 1,253,000 | 1,550,000 |
| Income tax | 65,000 | 157,000 | 231,000 | 287,000 |
| Net income | 305,000 | 683,000 | 1,022,000 | 1,263,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,802,000 | 27,180,000 | 27,418,000 | 27,660,000 |
| Total capital | 28,382,000 | 28,777,000 | 29,018,000 | 29,285,000 |
| Risk-weighted assets | 126,262,000 | 127,593,000 | 127,866,000 | 129,903,000 |