Call reports 2024
WALPOLE CO-OPERATIVE BANK — 2024
What WALPOLE CO-OPERATIVE 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 | 595,340,000 | 601,115,000 | 612,622,000 | 623,024,000 |
| Total loans | 477,775,000 | 481,830,000 | 498,471,000 | 518,553,000 |
| Allowance for loan losses | 6,886,000 | 6,901,000 | 6,901,000 | 6,826,000 |
| Securities available for sale | 68,333,000 | 61,070,000 | 70,487,000 | 73,344,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 442,220,000 | 446,836,000 | 456,448,000 | 494,400,000 |
| Interest-bearing deposits | 398,193,000 | 399,602,000 | 409,247,000 | 450,270,000 |
| Noninterest-bearing deposits | 44,027,000 | 47,234,000 | 47,201,000 | 44,130,000 |
| Equity capital | 110,318,000 | 110,823,000 | 112,246,000 | 113,187,000 |
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 | 6,803,000 | 13,877,000 | 21,359,000 | 29,199,000 |
| Interest expense | 3,386,000 | 7,018,000 | 10,718,000 | 14,486,000 |
| Net interest income | 3,417,000 | 6,859,000 | 10,641,000 | 14,713,000 |
| Noninterest income | 52,000 | 114,000 | 169,000 | 224,000 |
| Noninterest expense | 3,092,000 | 6,321,000 | 9,483,000 | 12,796,000 |
| Provision for loan losses | 15,000 | 30,000 | 30,000 | -45,000 |
| Pretax income | 362,000 | 622,000 | 1,297,000 | 2,110,000 |
| Income tax | 103,000 | 173,000 | 366,000 | 602,000 |
| Net income | 259,000 | 449,000 | 931,000 | 1,508,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 112,075,000 | 112,266,000 | 112,749,000 | 113,325,000 |