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Call reports 2024

MIDDLESEX SAVINGS BANK — 2024

What MIDDLESEX 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/aa58349b-81ee-4bd0-8d3f-7df3372a22c8/2024

Balance sheet

What the bank holds and owes at quarter end

Measure2024Q12024Q22024Q32024Q4
Total assets6,360,383,0006,038,826,0005,983,475,0006,076,219,000
Total loans3,741,562,0003,694,124,0003,653,169,0003,616,793,000
Allowance for loan losses45,761,00027,548,00026,295,00034,521,000
Securities available for sale1,734,157,0001,622,136,0001,572,918,0001,788,131,000
Securities held to maturity0000
Trading assets0000
Total deposits4,984,437,0005,048,424,0005,152,786,0005,229,615,000
Interest-bearing deposits3,710,083,0003,769,313,0003,906,506,0003,958,380,000
Noninterest-bearing deposits1,274,354,0001,279,111,0001,246,280,0001,271,235,000
Equity capital654,340,000668,162,000710,349,000706,227,000

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 income61,117,000124,358,000184,779,000246,342,000
Interest expense34,684,00070,349,000102,652,000134,355,000
Net interest income26,433,00054,009,00082,127,000111,987,000
Noninterest income3,698,0007,884,00012,024,00016,337,000
Noninterest expense30,390,00057,474,00086,023,000115,141,000
Provision for loan losses-1,763,000-6,919,000-8,186,000270,000
Pretax income2,421,00012,172,00018,354,00014,321,000
Income tax45,0001,635,0002,511,0001,863,000
Net income2,376,00010,537,00015,843,00012,458,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2024Q12024Q22024Q32024Q4
Tier 1 capital758,571,000766,731,000772,038,000768,655,000
Total capital805,266,000795,184,000799,181,000804,093,000
Risk-weighted assets4,706,488,0004,612,375,0004,507,149,0004,516,555,000