Call reports 2024
MAINE COMMUNITY BANK — 2024
What MAINE COMMUNITY 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 | 1,107,414,000 | 1,160,635,000 | 1,162,261,000 | 1,167,995,000 |
| Total loans | 927,393,000 | 968,304,000 | 984,780,000 | 992,991,000 |
| Allowance for loan losses | 8,898,000 | 9,196,000 | 9,306,000 | 9,174,000 |
| Securities available for sale | 94,112,000 | 94,122,000 | 94,120,000 | 95,538,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 472,000 | 1,230,000 | 564,000 |
| Total deposits | 821,220,000 | 863,648,000 | 905,592,000 | 895,674,000 |
| Interest-bearing deposits | 691,015,000 | 721,827,000 | 765,076,000 | 758,470,000 |
| Noninterest-bearing deposits | 130,205,000 | 141,821,000 | 140,516,000 | 137,204,000 |
| Equity capital | 140,357,000 | 141,966,000 | 146,197,000 | 147,350,000 |
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 | 12,680,000 | 26,258,000 | 40,576,000 | 55,068,000 |
| Interest expense | 5,052,000 | 10,604,000 | 16,488,000 | 22,320,000 |
| Net interest income | 7,628,000 | 15,654,000 | 24,088,000 | 32,748,000 |
| Noninterest income | 572,000 | 1,184,000 | 1,808,000 | 2,419,000 |
| Noninterest expense | 6,834,000 | 13,280,000 | 19,996,000 | 26,602,000 |
| Provision for loan losses | 215,000 | 526,000 | 632,000 | 501,000 |
| Pretax income | 1,933,000 | 4,034,000 | 6,723,000 | 9,324,000 |
| Income tax | 386,000 | 811,000 | 1,447,000 | 1,985,000 |
| Net income | 1,547,000 | 3,223,000 | 5,276,000 | 7,339,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 149,993,000 | 151,670,000 | 153,722,000 | 155,784,000 |