Call reports 2024
NEW FOUNDATION SAVINGS BANK — 2024
What NEW FOUNDATION 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 | 21,397,000 | 21,596,000 | 20,208,000 | 19,777,000 |
| Total loans | 17,805,000 | 17,915,000 | 17,062,000 | 16,709,000 |
| Allowance for loan losses | 86,000 | 86,000 | 86,000 | 86,000 |
| Securities available for sale | 1,282,000 | 1,243,000 | 988,000 | 926,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 16,363,000 | 15,789,000 | 16,246,000 | 16,221,000 |
| Interest-bearing deposits | 15,648,000 | 15,153,000 | 15,642,000 | 15,316,000 |
| Noninterest-bearing deposits | 715,000 | 636,000 | 604,000 | 905,000 |
| Equity capital | 2,892,000 | 2,886,000 | 2,789,000 | 2,749,000 |
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 | 288,000 | 561,000 | 841,000 | 1,100,000 |
| Interest expense | 102,000 | 213,000 | 337,000 | 444,000 |
| Net interest income | 186,000 | 348,000 | 504,000 | 656,000 |
| Noninterest income | 12,000 | 27,000 | 58,000 | 70,000 |
| Noninterest expense | 179,000 | 363,000 | 690,000 | 868,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 19,000 | 12,000 | -128,000 | -142,000 |
| Income tax | 4,000 | 1,000 | -16,000 | -15,000 |
| Net income | 15,000 | 11,000 | -112,000 | -127,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,889,000 | 2,885,000 | 2,762,000 | 2,746,000 |
| Total capital | 2,975,000 | — | — | — |
| Risk-weighted assets | 13,235,000 | — | — | — |