FACTANKER · measured, cited, anchored official records connected

Call reports 2024

PASSUMPSIC SAVINGS BANK — 2024

What PASSUMPSIC SAVINGS BANK reported to the FFIEC in 2024, quarter by quarter.

PERIOD: 2024SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/a3812980-d490-4410-b631-908b634d04e0/2024

Balance sheet

What the bank holds and owes at quarter end

Measure2024Q12024Q22024Q32024Q4
Total assets842,231,000842,999,000881,237,000894,082,000
Total loans633,180,000629,164,000626,162,000643,373,000
Allowance for loan losses7,313,0007,394,0007,140,0006,943,000
Securities available for sale78,811,00077,529,00080,747,00079,234,000
Securities held to maturity0000
Trading assets0000
Total deposits674,131,000661,992,000697,247,000716,959,000
Interest-bearing deposits540,213,000538,933,000565,118,000588,129,000
Noninterest-bearing deposits133,918,000123,059,000132,129,000128,830,000
Equity capital108,189,000108,954,000113,479,000111,729,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2024Q12024Q22024Q32024Q4
Interest income8,317,00016,676,00025,333,00034,571,000
Interest expense2,349,0004,852,0007,792,00010,787,000
Net interest income5,968,00011,824,00017,541,00023,784,000
Noninterest income1,577,0003,665,0005,784,0007,470,000
Noninterest expense7,163,00014,459,00021,966,00029,379,000
Provision for loan losses188,000375,000563,000750,000
Pretax income3,794,0004,292,0006,776,0007,413,000
Income tax554,000478,000665,000442,000
Net income3,240,0003,814,0006,111,0006,971,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2024Q12024Q22024Q32024Q4
Tier 1 capital105,095,000105,669,000107,966,000108,526,000
Total capital112,272,000112,792,000115,186,000115,644,000
Risk-weighted assets573,895,000569,460,000577,530,000569,866,000