Call reports 2024
NORTHWAY BANK — 2024
What NORTHWAY 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 | 1,238,358,000 | 1,270,696,000 | 1,215,556,000 | 1,188,010,000 |
| Total loans | 920,113,000 | 930,519,000 | 912,838,000 | 874,800,000 |
| Allowance for loan losses | 10,702,000 | 10,705,000 | 10,710,000 | 10,222,000 |
| Securities available for sale | 238,806,000 | 234,823,000 | 241,224,000 | 226,706,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 983,728,000 | 1,022,140,000 | 1,013,911,000 | 977,466,000 |
| Interest-bearing deposits | 764,273,000 | 813,670,000 | 792,884,000 | 774,642,000 |
| Noninterest-bearing deposits | 219,455,000 | 208,470,000 | 221,027,000 | 202,824,000 |
| Equity capital | 87,867,000 | 88,523,000 | 96,896,000 | 89,624,000 |
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 | 12,593,000 | 24,816,000 | 37,596,000 | 49,760,000 |
| Interest expense | 4,045,000 | 8,569,000 | 13,311,000 | 17,529,000 |
| Net interest income | 8,548,000 | 16,247,000 | 24,285,000 | 32,231,000 |
| Noninterest income | 1,102,000 | 2,182,000 | 3,377,000 | 4,537,000 |
| Noninterest expense | 8,128,000 | 15,819,000 | 23,363,000 | 30,763,000 |
| Provision for loan losses | 0 | 0 | 0 | -492,000 |
| Pretax income | 1,799,000 | 2,876,000 | 4,814,000 | 7,050,000 |
| Income tax | 254,000 | 259,000 | 499,000 | 799,000 |
| Net income | 1,545,000 | 2,617,000 | 4,315,000 | 6,251,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 115,565,000 | 115,900,000 | 116,341,000 | 116,827,000 |
| Total capital | 125,323,000 | 125,738,000 | 125,886,000 | 126,031,000 |
| Risk-weighted assets | 779,350,000 | 785,830,000 | 762,072,000 | 734,904,000 |