Call reports 2024
MARTHA'S VINEYARD BANK — 2024
What MARTHA'S VINEYARD BANK 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 | 1,327,053,000 | 1,338,821,000 | 1,312,757,000 | 1,308,520,000 |
| Total loans | 1,160,962,000 | 1,157,686,000 | 1,135,845,000 | 1,137,754,000 |
| Allowance for loan losses | 8,889,000 | 8,879,000 | 8,838,000 | 8,838,000 |
| Securities available for sale | 84,972,000 | 84,769,000 | 88,518,000 | 84,808,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,053,704,000 | 1,023,610,000 | 1,046,828,000 | 1,031,745,000 |
| Interest-bearing deposits | 809,245,000 | 766,369,000 | 767,826,000 | 780,572,000 |
| Noninterest-bearing deposits | 244,459,000 | 257,241,000 | 279,002,000 | 251,173,000 |
| Equity capital | 130,831,000 | 131,813,000 | 135,667,000 | 132,276,000 |
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 | 13,258,000 | 26,766,000 | 40,389,000 | 53,914,000 |
| Interest expense | 6,326,000 | 13,042,000 | 19,447,000 | 25,156,000 |
| Net interest income | 6,932,000 | 13,724,000 | 20,942,000 | 28,758,000 |
| Noninterest income | 1,765,000 | 3,408,000 | 5,380,000 | 6,995,000 |
| Noninterest expense | 7,631,000 | 15,218,000 | 22,796,000 | 30,813,000 |
| Provision for loan losses | -225,000 | -225,000 | -225,000 | -225,000 |
| Pretax income | 1,261,000 | 2,109,000 | 3,821,000 | 5,235,000 |
| Income tax | 288,000 | 481,000 | 880,000 | 1,606,000 |
| Net income | 973,000 | 1,628,000 | 2,941,000 | 3,629,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 143,855,000 | 144,511,000 | 145,726,000 | 145,008,000 |