Call reports 2024
WATERTOWN SAVINGS BANK — 2024
What WATERTOWN SAVINGS 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 | 1,426,874,000 | 1,464,307,000 | 1,458,594,000 | 1,477,233,000 |
| Total loans | 618,001,000 | 621,365,000 | 609,981,000 | 611,348,000 |
| Allowance for loan losses | 1,930,000 | 1,928,000 | 1,924,000 | 1,920,000 |
| Securities available for sale | 249,650,000 | 297,025,000 | 370,375,000 | 401,873,000 |
| Securities held to maturity | 343,081,000 | 323,180,000 | 295,230,000 | 276,281,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,261,910,000 | 1,304,439,000 | 1,289,236,000 | 1,310,288,000 |
| Interest-bearing deposits | 1,153,122,000 | 1,200,484,000 | 1,183,629,000 | 1,206,915,000 |
| Noninterest-bearing deposits | 108,788,000 | 103,955,000 | 105,607,000 | 103,373,000 |
| Equity capital | 139,725,000 | 141,439,000 | 151,008,000 | 147,474,000 |
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 | 11,241,000 | 23,584,000 | 36,504,000 | 49,541,000 |
| Interest expense | 4,312,000 | 9,619,000 | 15,158,000 | 20,216,000 |
| Net interest income | 6,929,000 | 13,965,000 | 21,346,000 | 29,325,000 |
| Noninterest income | 948,000 | 1,828,000 | 2,772,000 | 3,783,000 |
| Noninterest expense | 6,703,000 | 13,471,000 | 20,039,000 | 27,231,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,174,000 | 2,322,000 | 4,079,000 | 5,877,000 |
| Income tax | 186,000 | 371,000 | 729,000 | 1,044,000 |
| Net income | 988,000 | 1,951,000 | 3,350,000 | 4,833,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 155,546,000 | 156,509,000 | 157,908,000 | 159,393,000 |
| Total capital | 157,496,000 | 158,457,000 | 159,852,000 | 161,333,000 |
| Risk-weighted assets | 573,388,000 | 574,515,000 | 571,597,000 | 583,159,000 |