Call reports 2024
MARBLEHEAD BANK, THE — 2024
What MARBLEHEAD 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 | 58,282,000 | 57,218,000 | 56,620,000 | 54,434,000 |
| Total loans | 21,124,000 | 20,171,000 | 19,919,000 | 19,517,000 |
| Allowance for loan losses | 255,000 | 253,000 | 242,000 | 239,000 |
| Securities available for sale | 32,021,000 | 31,762,000 | 32,501,000 | 30,713,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,984,000 | 54,281,000 | 55,506,000 | 53,274,000 |
| Interest-bearing deposits | 44,316,000 | 42,460,000 | 43,987,000 | 42,404,000 |
| Noninterest-bearing deposits | 11,668,000 | 11,821,000 | 11,519,000 | 10,870,000 |
| Equity capital | 190,000 | 280,000 | 1,040,000 | 45,000 |
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 | 554,000 | 1,104,000 | 1,652,000 | 2,176,000 |
| Interest expense | 205,000 | 407,000 | 627,000 | 826,000 |
| Net interest income | 349,000 | 697,000 | 1,025,000 | 1,350,000 |
| Noninterest income | 20,000 | 41,000 | 65,000 | 81,000 |
| Noninterest expense | 419,000 | 863,000 | 1,441,000 | 1,864,000 |
| Provision for loan losses | 28,000 | 26,000 | 15,000 | 12,000 |
| Pretax income | -83,000 | -156,000 | -371,000 | -450,000 |
| Income tax | 0 | 0 | 0 | -139,000 |
| Net income | -83,000 | -156,000 | -371,000 | -311,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,306,000 | 5,233,000 | 5,017,000 | 5,078,000 |
| Total capital | 5,561,000 | 5,486,000 | 5,259,000 | 5,317,000 |
| Risk-weighted assets | 25,632,000 | 24,998,000 | 24,547,000 | 24,380,000 |