Call reports 2024
ROCKLAND SAVINGS BANK, FSB — 2024
What ROCKLAND SAVINGS BANK, FSB 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 | 95,113,000 | 95,722,000 | 94,545,000 | 93,759,000 |
| Total loans | 80,819,000 | 81,829,000 | 81,722,000 | 81,371,000 |
| Allowance for loan losses | 599,000 | 601,000 | 604,000 | 626,000 |
| Securities available for sale | 21,000 | 19,000 | 17,000 | 16,000 |
| Securities held to maturity | 5,399,000 | 5,261,000 | 5,511,000 | 6,767,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,369,000 | 71,038,000 | 75,881,000 | 74,708,000 |
| Interest-bearing deposits | 64,521,000 | 60,657,000 | 63,561,000 | 62,001,000 |
| Noninterest-bearing deposits | 10,848,000 | 10,381,000 | 12,320,000 | 12,707,000 |
| Equity capital | 9,266,000 | 9,198,000 | 9,202,000 | 9,043,000 |
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 | 1,175,000 | 2,413,000 | 3,653,000 | 4,910,000 |
| Interest expense | 498,000 | 1,093,000 | 1,714,000 | 2,282,000 |
| Net interest income | 677,000 | 1,320,000 | 1,939,000 | 2,628,000 |
| Noninterest income | 55,000 | 116,000 | 298,000 | 360,000 |
| Noninterest expense | 830,000 | 1,620,000 | 2,408,000 | 3,252,000 |
| Provision for loan losses | 8,000 | 9,000 | 11,000 | 32,000 |
| Pretax income | -106,000 | -193,000 | -182,000 | -298,000 |
| Income tax | -22,000 | -41,000 | -34,000 | 9,000 |
| Net income | -84,000 | -152,000 | -148,000 | -307,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,688,000 | 8,602,000 | 8,607,000 | 8,490,000 |
| Total capital | 9,304,000 | 9,219,000 | 9,228,000 | 9,135,000 |
| Risk-weighted assets | 67,279,000 | 67,435,000 | 66,435,000 | 66,077,000 |