Call reports 2024
WATKINS SAVINGS BANK, THE — 2024
What WATKINS SAVINGS BANK, THE 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 | 79,833,000 | 78,533,000 | 77,604,000 | 78,580,000 |
| Total loans | 32,154,000 | 30,801,000 | 31,455,000 | 33,807,000 |
| Allowance for loan losses | 170,000 | 170,000 | 170,000 | 170,000 |
| Securities available for sale | 43,582,000 | 42,183,000 | 43,450,000 | 41,887,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,295,000 | 68,950,000 | 66,819,000 | 68,785,000 |
| Interest-bearing deposits | 55,109,000 | 56,385,000 | 56,537,000 | 57,283,000 |
| Noninterest-bearing deposits | 15,186,000 | 12,565,000 | 10,282,000 | 11,502,000 |
| Equity capital | 9,252,000 | 9,294,000 | 10,323,000 | 9,499,000 |
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 | 660,000 | 1,312,000 | 1,984,000 | 2,645,000 |
| Interest expense | 286,000 | 598,000 | 937,000 | 1,292,000 |
| Net interest income | 374,000 | 714,000 | 1,047,000 | 1,353,000 |
| Noninterest income | 7,000 | 12,000 | 16,000 | 22,000 |
| Noninterest expense | 279,000 | 561,000 | 853,000 | 1,047,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 102,000 | 165,000 | 210,000 | 328,000 |
| Income tax | 6,000 | 15,000 | 20,000 | 19,000 |
| Net income | 96,000 | 150,000 | 190,000 | 309,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,160,000 | 13,214,000 | 13,254,000 | 13,112,000 |