Call reports 2024
EASTERN INTERNATIONAL BANK — 2024
What EASTERN INTERNATIONAL 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 | 116,340,000 | 114,994,000 | 122,681,000 | 128,399,000 |
| Total loans | 92,813,000 | 90,376,000 | 90,220,000 | 85,901,000 |
| Allowance for loan losses | 1,474,000 | 1,429,000 | 1,429,000 | 1,300,000 |
| Securities available for sale | 10,707,000 | 10,563,000 | 10,821,000 | 10,269,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,712,000 | 88,303,000 | 95,671,000 | 101,047,000 |
| Interest-bearing deposits | 85,400,000 | 85,011,000 | 92,292,000 | 96,686,000 |
| Noninterest-bearing deposits | 4,312,000 | 3,292,000 | 3,379,000 | 4,361,000 |
| Equity capital | 20,642,000 | 20,748,000 | 21,133,000 | 20,963,000 |
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 | 1,592,000 | 3,241,000 | 4,911,000 | 6,669,000 |
| Interest expense | 524,000 | 1,094,000 | 1,786,000 | 2,526,000 |
| Net interest income | 1,068,000 | 2,147,000 | 3,125,000 | 4,143,000 |
| Noninterest income | 32,000 | 59,000 | 79,000 | 99,000 |
| Noninterest expense | 923,000 | 1,896,000 | 2,733,000 | 3,761,000 |
| Provision for loan losses | 0 | -45,000 | -45,000 | -174,000 |
| Pretax income | 177,000 | 310,000 | 490,000 | 654,000 |
| Income tax | 52,000 | 92,000 | 145,000 | 194,000 |
| Net income | 125,000 | 218,000 | 345,000 | 460,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,283,000 | 22,375,000 | 22,449,000 | 22,546,000 |