Call reports 2024
MASSENA SAVINGS AND LOAN — 2024
What MASSENA SAVINGS AND LOAN 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 | 184,124,000 | 187,003,000 | 190,866,000 | 186,744,000 |
| Total loans | 164,189,000 | 165,480,000 | 168,071,000 | 168,913,000 |
| Allowance for loan losses | 1,406,000 | 1,384,000 | 1,388,000 | 1,253,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 134,164,000 | 136,797,000 | 140,374,000 | 142,832,000 |
| Interest-bearing deposits | 127,454,000 | 129,536,000 | 132,758,000 | 135,117,000 |
| Noninterest-bearing deposits | 6,710,000 | 7,261,000 | 7,616,000 | 7,715,000 |
| Equity capital | 26,624,000 | 26,919,000 | 27,248,000 | 27,615,000 |
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 | 2,339,000 | 4,750,000 | 7,285,000 | 9,838,000 |
| Interest expense | 996,000 | 2,046,000 | 3,164,000 | 4,323,000 |
| Net interest income | 1,343,000 | 2,704,000 | 4,121,000 | 5,515,000 |
| Noninterest income | 63,000 | 139,000 | 222,000 | 302,000 |
| Noninterest expense | 1,113,000 | 2,142,000 | 3,213,000 | 4,271,000 |
| Provision for loan losses | 20,000 | 61,000 | 80,000 | 41,000 |
| Pretax income | 273,000 | 640,000 | 1,050,000 | 1,505,000 |
| Income tax | 53,000 | 125,000 | 206,000 | 295,000 |
| Net income | 220,000 | 515,000 | 844,000 | 1,210,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,624,000 | 26,919,000 | 27,248,000 | 27,615,000 |
| Total capital | 28,030,000 | 28,303,000 | 28,636,000 | 28,868,000 |
| Risk-weighted assets | 118,863,000 | 121,195,000 | 123,323,000 | 121,313,000 |