Call reports 2024
MUTUAL SAVINGS ASSOCIATION — 2024
What MUTUAL SAVINGS ASSOCIATION 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 | 358,365,000 | 351,945,000 | 355,150,000 | 359,372,000 |
| Total loans | 214,255,000 | 222,030,000 | 225,149,000 | 228,102,000 |
| Allowance for loan losses | 2,142,000 | 2,236,000 | 2,256,000 | 2,306,000 |
| Securities available for sale | 97,053,000 | 92,245,000 | 93,820,000 | 93,324,000 |
| Securities held to maturity | 4,050,000 | 4,025,000 | 3,996,000 | 3,966,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 245,297,000 | 239,917,000 | 245,285,000 | 240,999,000 |
| Interest-bearing deposits | 222,399,000 | 220,582,000 | 223,491,000 | 220,707,000 |
| Noninterest-bearing deposits | 22,898,000 | 19,335,000 | 21,794,000 | 20,292,000 |
| Equity capital | 80,107,000 | 81,393,000 | 83,634,000 | 83,725,000 |
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 | 4,539,000 | 9,288,000 | 14,192,000 | 19,024,000 |
| Interest expense | 1,597,000 | 3,273,000 | 4,914,000 | 6,607,000 |
| Net interest income | 2,942,000 | 6,015,000 | 9,278,000 | 12,417,000 |
| Noninterest income | 959,000 | 1,705,000 | 2,535,000 | 3,434,000 |
| Noninterest expense | 2,313,000 | 4,383,000 | 6,542,000 | 8,690,000 |
| Provision for loan losses | 25,000 | 74,000 | 412,000 | 461,000 |
| Pretax income | 1,552,000 | 3,109,000 | 4,669,000 | 6,516,000 |
| Income tax | 322,000 | 631,000 | 936,000 | 1,303,000 |
| Net income | 1,230,000 | 2,478,000 | 3,733,000 | 5,213,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 82,938,000 | 84,186,000 | 85,437,000 | 86,921,000 |
| Total capital | 85,475,000 | 86,885,000 | 88,175,000 | 89,673,000 |
| Risk-weighted assets | 243,075,000 | 255,319,000 | 256,891,000 | 260,572,000 |