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 | 920,261,000 | 911,874,000 | 935,735,000 | 902,293,000 |
| Total loans | 526,859,000 | 538,533,000 | 548,397,000 | 560,071,000 |
| Allowance for loan losses | 6,019,000 | 5,957,000 | 5,917,000 | 5,910,000 |
| Securities available for sale | 229,370,000 | 222,312,000 | 217,741,000 | 203,368,000 |
| Securities held to maturity | 16,592,000 | 16,401,000 | 17,183,000 | 16,992,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 774,156,000 | 759,959,000 | 776,465,000 | 742,983,000 |
| Interest-bearing deposits | 435,899,000 | 418,696,000 | 423,228,000 | 419,769,000 |
| Noninterest-bearing deposits | 338,257,000 | 341,263,000 | 353,237,000 | 323,214,000 |
| Equity capital | 139,768,000 | 144,912,000 | 152,477,000 | 152,954,000 |
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 | 8,605,000 | 17,720,000 | 27,105,000 | 36,573,000 |
| Interest expense | 630,000 | 1,371,000 | 2,204,000 | 3,095,000 |
| Net interest income | 7,975,000 | 16,349,000 | 24,901,000 | 33,478,000 |
| Noninterest income | 1,181,000 | 2,823,000 | 4,182,000 | 5,536,000 |
| Noninterest expense | 5,258,000 | 10,426,000 | 15,771,000 | 23,873,000 |
| Provision for loan losses | -93,000 | -86,000 | -78,000 | -70,000 |
| Pretax income | 4,287,000 | 9,210,000 | 14,212,000 | 15,451,000 |
| Income tax | 899,000 | 1,933,000 | 2,997,000 | 3,467,000 |
| Net income | 3,388,000 | 7,277,000 | 11,215,000 | 11,984,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 136,484,000 | 140,373,000 | 144,310,000 | 145,080,000 |
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