Call reports 2024
SAVERS CO-OPERATIVE BANK — 2024
What SAVERS CO-OPERATIVE 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 | 717,978,000 | 749,627,000 | 764,148,000 | 770,030,000 |
| Total loans | 536,343,000 | 566,552,000 | 574,963,000 | 590,553,000 |
| Allowance for loan losses | 4,999,000 | 5,176,000 | 5,159,000 | 5,196,000 |
| Securities available for sale | 126,394,000 | 126,393,000 | 128,981,000 | 119,964,000 |
| Securities held to maturity | 472,000 | 456,000 | 410,000 | 395,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 535,464,000 | 544,453,000 | 555,148,000 | 554,507,000 |
| Interest-bearing deposits | 456,721,000 | 459,417,000 | 466,446,000 | 470,987,000 |
| Noninterest-bearing deposits | 78,743,000 | 85,036,000 | 88,702,000 | 83,520,000 |
| Equity capital | 71,294,000 | 72,707,000 | 77,243,000 | 74,292,000 |
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 | 7,883,000 | 16,462,000 | 25,064,000 | 34,054,000 |
| Interest expense | 3,612,000 | 7,288,000 | 11,273,000 | 15,305,000 |
| Net interest income | 4,271,000 | 9,174,000 | 13,791,000 | 18,749,000 |
| Noninterest income | 747,000 | 1,521,000 | 2,383,000 | 3,266,000 |
| Noninterest expense | 4,359,000 | 8,599,000 | 12,942,000 | 17,257,000 |
| Provision for loan losses | -10,000 | 194,000 | 198,000 | 279,000 |
| Pretax income | 671,000 | 1,981,000 | 3,082,000 | 4,544,000 |
| Income tax | 129,000 | 436,000 | 683,000 | 1,031,000 |
| Net income | 542,000 | 1,545,000 | 2,399,000 | 3,513,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 83,922,000 | 84,925,000 | 85,779,000 | 86,750,000 |