Call reports 2024
ROCKLAND TRUST COMPANY — 2024
What ROCKLAND TRUST COMPANY 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 | 19,328,719,000 | 19,413,516,000 | 19,415,918,000 | 19,378,704,000 |
| Total loans | 14,341,934,000 | 14,418,792,000 | 14,377,066,000 | 14,515,649,000 |
| Allowance for loan losses | 146,948,000 | 150,859,000 | 163,696,000 | 169,984,000 |
| Securities available for sale | 1,272,831,000 | 1,220,656,000 | 1,247,211,000 | 1,250,944,000 |
| Securities held to maturity | 1,545,267,000 | 1,519,655,000 | 1,492,315,000 | 1,434,956,000 |
| Trading assets | 117,219,000 | 116,555,000 | 82,418,000 | 105,275,000 |
| Total deposits | 15,095,349,000 | 15,481,757,000 | 15,532,683,000 | 15,424,826,000 |
| Interest-bearing deposits | 10,535,178,000 | 10,954,745,000 | 10,886,570,000 | 10,881,536,000 |
| Noninterest-bearing deposits | 4,560,171,000 | 4,527,012,000 | 4,646,113,000 | 4,543,290,000 |
| Equity capital | 2,919,344,000 | 2,934,104,000 | 2,972,273,000 | 2,965,892,000 |
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 | 209,980,000 | 424,330,000 | 642,987,000 | 861,312,000 |
| Interest expense | 68,952,000 | 141,748,000 | 215,427,000 | 286,010,000 |
| Net interest income | 141,028,000 | 282,582,000 | 427,560,000 | 575,302,000 |
| Noninterest income | 28,009,000 | 58,507,000 | 89,890,000 | 120,908,000 |
| Noninterest expense | 99,892,000 | 199,550,000 | 299,982,000 | 405,586,000 |
| Provision for loan losses | 5,000,000 | 9,250,000 | 28,750,000 | 36,250,000 |
| Pretax income | 64,754,000 | 132,891,000 | 190,005,000 | 254,897,000 |
| Income tax | 15,099,000 | 30,414,000 | 42,566,000 | 57,326,000 |
| Net income | 49,655,000 | 102,477,000 | 147,439,000 | 197,571,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,052,319,000 | 2,063,155,000 | 2,065,339,000 | 2,072,930,000 |
| Total capital | 2,192,088,000 | 2,206,663,000 | 2,200,508,000 | 2,210,775,000 |
| Risk-weighted assets | 14,249,084,000 | 14,220,234,000 | 14,213,610,000 | 14,331,594,000 |