Call reports 2024
SKOWHEGAN SAVINGS BANK — 2024
What SKOWHEGAN 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 | 898,226,000 | 880,879,000 | 870,742,000 | 841,355,000 |
| Total loans | 591,701,000 | 596,358,000 | 605,504,000 | 610,615,000 |
| Allowance for loan losses | 5,933,000 | 5,918,000 | 5,948,000 | 6,034,000 |
| Securities available for sale | 152,185,000 | 158,547,000 | 160,602,000 | 150,393,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 728,574,000 | 709,469,000 | 721,893,000 | 726,139,000 |
| Interest-bearing deposits | 569,460,000 | 549,679,000 | 557,377,000 | 562,909,000 |
| Noninterest-bearing deposits | 159,114,000 | 159,790,000 | 164,516,000 | 163,230,000 |
| Equity capital | 97,076,000 | 98,709,000 | 105,663,000 | 102,611,000 |
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 | 9,489,000 | 19,378,000 | 29,368,000 | 39,170,000 |
| Interest expense | 3,370,000 | 6,747,000 | 10,165,000 | 13,002,000 |
| Net interest income | 6,119,000 | 12,631,000 | 19,203,000 | 26,168,000 |
| Noninterest income | 961,000 | 2,056,000 | 3,236,000 | 4,291,000 |
| Noninterest expense | 5,589,000 | 10,876,000 | 17,010,000 | 22,808,000 |
| Provision for loan losses | 41,000 | 41,000 | 88,000 | 212,000 |
| Pretax income | 2,652,000 | 4,841,000 | 7,446,000 | 9,019,000 |
| Income tax | 559,000 | 1,041,000 | 1,538,000 | 1,498,000 |
| Net income | 2,093,000 | 3,800,000 | 5,908,000 | 7,521,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 116,753,000 | 118,459,000 | 120,565,000 | 122,179,000 |
| Total capital | 123,075,000 | 124,670,000 | 126,783,000 | 128,632,000 |
| Risk-weighted assets | 587,147,000 | 586,397,000 | 594,841,000 | 600,010,000 |