Call reports 2024
NATIONAL GRAND BANK OF MARBLEHEAD — 2024
What NATIONAL GRAND BANK OF MARBLEHEAD 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 | 422,847,000 | 423,097,000 | 430,978,000 | 437,449,000 |
| Total loans | 309,549,000 | 315,822,000 | 316,699,000 | 318,960,000 |
| Allowance for loan losses | 1,356,000 | 1,272,000 | 1,276,000 | 1,296,000 |
| Securities available for sale | 77,202,000 | 75,949,000 | 77,708,000 | 79,445,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 353,694,000 | 352,717,000 | 360,743,000 | 372,247,000 |
| Interest-bearing deposits | 242,572,000 | 247,378,000 | 253,719,000 | 258,329,000 |
| Noninterest-bearing deposits | 111,122,000 | 105,339,000 | 107,024,000 | 113,918,000 |
| Equity capital | 37,258,000 | 36,867,000 | 39,420,000 | 37,900,000 |
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 | 3,919,000 | 7,973,000 | 12,149,000 | 16,435,000 |
| Interest expense | 1,911,000 | 3,891,000 | 5,979,000 | 8,118,000 |
| Net interest income | 2,008,000 | 4,082,000 | 6,170,000 | 8,317,000 |
| Noninterest income | 314,000 | 662,000 | 1,009,000 | 1,346,000 |
| Noninterest expense | 1,812,000 | 4,011,000 | 5,960,000 | 7,974,000 |
| Provision for loan losses | 16,000 | -43,000 | -41,000 | -61,000 |
| Pretax income | 494,000 | 785,000 | 1,257,000 | 1,765,000 |
| Income tax | 72,000 | 87,000 | 172,000 | 247,000 |
| Net income | 422,000 | 698,000 | 1,085,000 | 1,518,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,383,000 | 44,353,000 | 44,904,000 | 45,096,000 |