Call reports 2024
AROOSTOOK COUNTY FEDERAL SAVINGS & LOAN ASSOCIATION — 2024
What AROOSTOOK COUNTY FEDERAL SAVINGS & LOAN ASSOCIATION 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 | 184,760,000 | 189,887,000 | 194,865,000 | 202,964,000 |
| Total loans | 133,015,000 | 133,832,000 | 135,474,000 | 135,026,000 |
| Allowance for loan losses | 892,000 | 869,000 | 859,000 | 864,000 |
| Securities available for sale | 41,011,000 | 41,328,000 | 43,028,000 | 46,001,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 160,737,000 | 166,017,000 | 169,632,000 | 178,152,000 |
| Interest-bearing deposits | 156,929,000 | 162,728,000 | 166,903,000 | 169,297,000 |
| Noninterest-bearing deposits | 3,808,000 | 3,289,000 | 2,729,000 | 8,855,000 |
| Equity capital | 16,808,000 | 17,099,000 | 18,304,000 | 18,066,000 |
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 | 2,093,000 | 4,225,000 | 6,495,000 | 8,904,000 |
| Interest expense | 1,121,000 | 2,317,000 | 3,594,000 | 4,804,000 |
| Net interest income | 972,000 | 1,908,000 | 2,901,000 | 4,100,000 |
| Noninterest income | 147,000 | 336,000 | 539,000 | 747,000 |
| Noninterest expense | 942,000 | 1,950,000 | 2,943,000 | 4,037,000 |
| Provision for loan losses | 0 | -40,000 | -40,000 | -35,000 |
| Pretax income | 177,000 | 334,000 | 537,000 | 845,000 |
| Income tax | 37,000 | 56,000 | 100,000 | 148,000 |
| Net income | 140,000 | 278,000 | 437,000 | 697,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,017,000 | 19,155,000 | 19,313,000 | 19,575,000 |
| Total capital | 19,909,000 | 20,024,000 | 20,172,000 | 20,439,000 |
| Risk-weighted assets | 108,772,000 | 109,170,000 | 110,667,000 | 110,991,000 |