Call reports 2024
BEDFORD LOAN & DEPOSIT BANK — 2024
What BEDFORD LOAN & DEPOSIT 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 | 114,806,000 | 113,593,000 | 114,595,000 | 111,583,000 |
| Total loans | 74,399,000 | 74,010,000 | 74,693,000 | 77,722,000 |
| Allowance for loan losses | 1,186,000 | 1,201,000 | 1,118,000 | 1,156,000 |
| Securities available for sale | 27,948,000 | 27,569,000 | 28,205,000 | 26,528,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 93,889,000 | 94,585,000 | 94,952,000 | 92,235,000 |
| Interest-bearing deposits | 63,196,000 | 64,539,000 | 64,839,000 | 63,879,000 |
| Noninterest-bearing deposits | 30,693,000 | 30,046,000 | 30,113,000 | 28,356,000 |
| Equity capital | 13,839,000 | 13,886,000 | 14,817,000 | 14,181,000 |
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 | 1,243,000 | 2,581,000 | 3,917,000 | 5,294,000 |
| Interest expense | 366,000 | 753,000 | 1,144,000 | 1,546,000 |
| Net interest income | 877,000 | 1,828,000 | 2,773,000 | 3,748,000 |
| Noninterest income | 181,000 | 344,000 | 510,000 | 671,000 |
| Noninterest expense | 809,000 | 1,693,000 | 2,519,000 | 3,348,000 |
| Provision for loan losses | 20,000 | 39,000 | 59,000 | 78,000 |
| Pretax income | 229,000 | 440,000 | 705,000 | 985,000 |
| Income tax | 40,000 | 77,000 | 127,000 | 192,000 |
| Net income | 189,000 | 363,000 | 578,000 | 793,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,762,000 | 16,861,000 | 17,076,000 | 17,233,000 |
| Total capital | 17,634,000 | 17,728,000 | 17,951,000 | 18,134,000 |
| Risk-weighted assets | 69,508,000 | 69,040,000 | 69,803,000 | 71,890,000 |