Call reports 2024
KENNEBEC SAVINGS BANK — 2024
What KENNEBEC 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 | 1,717,181,000 | 1,732,333,000 | 1,743,721,000 | 1,764,971,000 |
| Total loans | 1,431,534,000 | 1,440,034,000 | 1,443,445,000 | 1,469,046,000 |
| Allowance for loan losses | 8,706,000 | 8,833,000 | 8,781,000 | 8,968,000 |
| Securities available for sale | 136,534,000 | 134,011,000 | 136,593,000 | 137,007,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,296,371,000 | 1,311,255,000 | 1,323,557,000 | 1,348,133,000 |
| Interest-bearing deposits | 1,182,098,000 | 1,190,257,000 | 1,197,474,000 | 1,222,467,000 |
| Noninterest-bearing deposits | 114,273,000 | 120,998,000 | 126,083,000 | 125,666,000 |
| Equity capital | 211,359,000 | 211,953,000 | 219,695,000 | 215,583,000 |
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 | 19,066,000 | 38,659,000 | 59,088,000 | 79,830,000 |
| Interest expense | 9,524,000 | 19,297,000 | 29,486,000 | 39,238,000 |
| Net interest income | 9,542,000 | 19,362,000 | 29,602,000 | 40,592,000 |
| Noninterest income | 1,407,000 | 2,921,000 | 4,468,000 | 6,047,000 |
| Noninterest expense | 10,134,000 | 20,402,000 | 30,687,000 | 41,710,000 |
| Provision for loan losses | -300,000 | -230,000 | -240,000 | -53,000 |
| Pretax income | 6,406,000 | 7,621,000 | 13,245,000 | 12,903,000 |
| Income tax | 1,268,000 | 1,433,000 | 2,524,000 | 2,413,000 |
| Net income | 5,138,000 | 6,188,000 | 10,721,000 | 10,490,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 220,867,000 | 221,917,000 | 226,429,000 | 226,202,000 |
| Total capital | 229,899,000 | 231,111,000 | 235,655,000 | 235,610,000 |
| Risk-weighted assets | 1,310,562,000 | 1,279,828,000 | 1,308,457,000 | 1,338,582,000 |