Call reports 2024
NORTHEAST COMMUNITY BANK — 2024
What NORTHEAST COMMUNITY 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 | 1,851,203,000 | 1,914,386,000 | 1,952,096,000 | 1,992,391,000 |
| Total loans | 1,640,425,000 | 1,694,072,000 | 1,746,110,000 | 1,797,441,000 |
| Allowance for loan losses | 4,898,000 | 4,886,000 | 4,804,000 | 4,801,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 15,868,000 | 15,518,000 | 15,187,000 | 14,742,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,515,343,000 | 1,569,349,000 | 1,633,062,000 | 1,675,796,000 |
| Interest-bearing deposits | 1,223,413,000 | 1,278,309,000 | 1,360,476,000 | 1,383,240,000 |
| Noninterest-bearing deposits | 291,930,000 | 291,040,000 | 272,586,000 | 292,556,000 |
| Equity capital | 266,451,000 | 274,735,000 | 287,992,000 | 292,921,000 |
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 | 37,732,000 | 77,580,000 | 118,374,000 | 158,470,000 |
| Interest expense | 13,206,000 | 27,293,000 | 42,260,000 | 57,506,000 |
| Net interest income | 24,526,000 | 50,287,000 | 76,114,000 | 100,964,000 |
| Noninterest income | 636,000 | 1,387,000 | 2,188,000 | 2,892,000 |
| Noninterest expense | 9,124,000 | 17,985,000 | 27,352,000 | 36,517,000 |
| Provision for loan losses | -145,000 | -145,000 | -145,000 | 1,084,000 |
| Pretax income | 16,121,000 | 33,978,000 | 51,681,000 | 66,491,000 |
| Income tax | 4,679,000 | 9,614,000 | 14,537,000 | 18,913,000 |
| Net income | 11,442,000 | 24,364,000 | 37,144,000 | 47,578,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 264,439,000 | 269,778,000 | 283,012,000 | 284,271,000 |
| Total capital | 270,492,000 | 275,593,000 | 288,850,000 | 289,902,000 |
| Risk-weighted assets | 1,963,515,000 | 2,017,993,000 | 2,056,779,000 | 2,088,706,000 |