Call reports 2024
MERCER SAVINGS BANK — 2024
What MERCER SAVINGS 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 | 169,638,000 | 176,811,000 | 181,797,000 | 180,864,000 |
| Total loans | 142,523,000 | 150,869,000 | 156,594,000 | 156,880,000 |
| Allowance for loan losses | 967,000 | 1,010,000 | 968,000 | 964,000 |
| Securities available for sale | 11,470,000 | 11,285,000 | 11,121,000 | 10,987,000 |
| Securities held to maturity | 122,000 | 104,000 | 93,000 | 85,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 135,284,000 | 135,287,000 | 137,603,000 | 136,780,000 |
| Interest-bearing deposits | 118,086,000 | 119,030,000 | 119,439,000 | 118,410,000 |
| Noninterest-bearing deposits | 17,198,000 | 16,257,000 | 18,164,000 | 18,370,000 |
| Equity capital | 20,063,000 | 20,285,000 | 20,789,000 | 20,864,000 |
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 | 1,992,000 | 4,179,000 | 6,530,000 | 8,901,000 |
| Interest expense | 594,000 | 1,281,000 | 2,111,000 | 2,843,000 |
| Net interest income | 1,398,000 | 2,898,000 | 4,419,000 | 6,058,000 |
| Noninterest income | 109,000 | 236,000 | 542,000 | 632,000 |
| Noninterest expense | 1,320,000 | 2,662,000 | 4,110,000 | 5,523,000 |
| Provision for loan losses | 0 | 68,000 | 68,000 | 68,000 |
| Pretax income | 187,000 | 404,000 | 787,000 | 1,103,000 |
| Income tax | 36,000 | 61,000 | 131,000 | 191,000 |
| Net income | 151,000 | 343,000 | 656,000 | 912,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,389,000 | 20,589,000 | 20,866,000 | 21,165,000 |
| Total capital | 21,356,000 | 21,599,000 | 21,834,000 | 22,129,000 |
| Risk-weighted assets | 121,185,000 | 129,209,000 | 133,735,000 | 133,942,000 |