Call reports 2024
HERTFORD SAVINGS BANK, SSB — 2024
What HERTFORD SAVINGS BANK, SSB 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 | 17,805,000 | 17,768,000 | 18,032,000 | 17,298,000 |
| Total loans | 12,303,000 | 12,772,000 | 13,082,000 | 13,360,000 |
| Allowance for loan losses | 116,000 | 122,000 | 124,000 | 127,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,803,000 | 1,782,000 | 1,769,000 | 1,757,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 15,498,000 | 15,482,000 | 15,753,000 | 15,063,000 |
| Interest-bearing deposits | 1,210,000 | 14,248,000 | 14,521,000 | 13,910,000 |
| Noninterest-bearing deposits | 14,288,000 | 1,234,000 | 1,232,000 | 1,153,000 |
| Equity capital | 2,277,000 | 2,266,000 | 2,235,000 | 2,214,000 |
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 | 222,000 | 445,000 | 661,000 | 910,000 |
| Interest expense | 92,000 | 195,000 | 301,000 | 414,000 |
| Net interest income | 130,000 | 250,000 | 360,000 | 496,000 |
| Noninterest income | 3,000 | 6,000 | 4,000 | -5,000 |
| Noninterest expense | 152,000 | 279,000 | 415,000 | 559,000 |
| Provision for loan losses | 13,000 | 19,000 | 21,000 | 24,000 |
| Pretax income | -32,000 | -42,000 | -72,000 | -92,000 |
| Income tax | 0 | 1,000 | 2,000 | 3,000 |
| Net income | -32,000 | -43,000 | -74,000 | -95,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,277,000 | 2,161,000 | 2,122,000 | 2,214,000 |