Call reports 2024
FIRST NATIONAL BANK OF GROTON, THE — 2024
What FIRST NATIONAL BANK OF GROTON, 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 | 203,128,000 | 197,382,000 | 196,350,000 | 199,362,000 |
| Total loans | 96,496,000 | 97,426,000 | 98,371,000 | 100,251,000 |
| Allowance for loan losses | 1,454,000 | 1,447,000 | 1,409,000 | 1,343,000 |
| Securities available for sale | 91,921,000 | 87,799,000 | 84,938,000 | 79,791,000 |
| Securities held to maturity | 6,224,000 | 5,784,000 | 6,057,000 | 6,020,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 179,158,000 | 169,921,000 | 168,518,000 | 174,684,000 |
| Interest-bearing deposits | 132,543,000 | 120,405,000 | 119,029,000 | 123,462,000 |
| Noninterest-bearing deposits | 46,615,000 | 49,516,000 | 49,489,000 | 51,222,000 |
| Equity capital | 23,793,000 | 23,400,000 | 25,108,000 | 23,672,000 |
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 | 2,015,000 | 4,064,000 | 6,249,000 | 8,580,000 |
| Interest expense | 262,000 | 562,000 | 917,000 | 1,214,000 |
| Net interest income | 1,753,000 | 3,502,000 | 5,332,000 | 7,366,000 |
| Noninterest income | 207,000 | 402,000 | 656,000 | 830,000 |
| Noninterest expense | 1,462,000 | 2,962,000 | 4,447,000 | 5,958,000 |
| Provision for loan losses | -30,000 | 7,000 | -26,000 | -78,000 |
| Pretax income | 522,000 | 916,000 | -1,312,000 | -532,000 |
| Income tax | 60,000 | 93,000 | -416,000 | -284,000 |
| Net income | 462,000 | 823,000 | -896,000 | -248,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,745,000 | 30,554,000 | 28,834,000 | 28,540,000 |