Call reports 2024
MEREDITH VILLAGE SAVINGS BANK — 2024
What MEREDITH VILLAGE 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 | 1,658,628,000 | 1,640,511,000 | 1,621,350,000 | 1,600,157,000 |
| Total loans | 1,488,562,000 | 1,460,125,000 | 1,443,161,000 | 1,419,052,000 |
| Allowance for loan losses | 14,670,000 | 14,890,000 | 14,892,000 | 13,915,000 |
| Securities available for sale | 94,593,000 | 94,417,000 | 96,398,000 | 92,280,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,184,689,000 | 1,189,680,000 | 1,203,070,000 | 1,219,406,000 |
| Interest-bearing deposits | 1,036,467,000 | 1,025,471,000 | 1,030,085,000 | 1,059,155,000 |
| Noninterest-bearing deposits | 148,222,000 | 164,209,000 | 172,985,000 | 160,251,000 |
| Equity capital | 137,543,000 | 139,135,000 | 143,061,000 | 143,344,000 |
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 | 18,462,000 | 37,053,000 | 55,758,000 | 74,198,000 |
| Interest expense | 8,013,000 | 16,410,000 | 24,736,000 | 32,530,000 |
| Net interest income | 10,449,000 | 20,643,000 | 31,022,000 | 41,668,000 |
| Noninterest income | 1,279,000 | 2,844,000 | 4,279,000 | 6,219,000 |
| Noninterest expense | 9,157,000 | 18,528,000 | 28,192,000 | 38,212,000 |
| Provision for loan losses | 517,000 | 658,000 | 803,000 | -189,000 |
| Pretax income | 2,021,000 | 4,181,000 | 6,186,000 | 9,744,000 |
| Income tax | 426,000 | 912,000 | 1,300,000 | 2,171,000 |
| Net income | 1,595,000 | 3,269,000 | 4,886,000 | 7,573,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 149,036,000 | 150,679,000 | 152,261,000 | 154,912,000 |
| Total capital | 163,288,000 | 164,703,000 | 166,027,000 | 168,428,000 |
| Risk-weighted assets | 1,139,380,000 | 1,120,570,000 | 1,099,707,000 | 1,080,442,000 |