Call reports 2024
IRON WORKERS SAVINGS BANK — 2024
What IRON WORKERS 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 | 208,904,000 | 213,484,000 | 211,876,000 | 213,156,000 |
| Total loans | 163,954,000 | 163,094,000 | 162,338,000 | 158,885,000 |
| Allowance for loan losses | 941,000 | 941,000 | 941,000 | 932,000 |
| Securities available for sale | 26,951,000 | 26,658,000 | 27,453,000 | 26,258,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 173,833,000 | 178,305,000 | 176,945,000 | 179,876,000 |
| Interest-bearing deposits | 144,812,000 | 148,661,000 | 151,027,000 | 153,658,000 |
| Noninterest-bearing deposits | 29,021,000 | 29,644,000 | 25,918,000 | 26,218,000 |
| Equity capital | 15,093,000 | 15,120,000 | 16,018,000 | 15,349,000 |
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 | 2,064,000 | 4,190,000 | 6,362,000 | 8,610,000 |
| Interest expense | 991,000 | 2,051,000 | 3,195,000 | 4,361,000 |
| Net interest income | 1,073,000 | 2,139,000 | 3,167,000 | 4,249,000 |
| Noninterest income | 58,000 | 124,000 | 187,000 | 249,000 |
| Noninterest expense | 1,278,000 | 2,436,000 | 3,557,000 | 4,707,000 |
| Provision for loan losses | 0 | 0 | 0 | -8,000 |
| Pretax income | -148,000 | -174,000 | -204,000 | -201,000 |
| Income tax | -48,000 | -63,000 | -81,000 | -86,000 |
| Net income | -100,000 | -111,000 | -123,000 | -115,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,151,000 | 19,138,000 | 19,126,000 | 19,135,000 |
| Total capital | 20,092,000 | 20,079,000 | 20,067,000 | 20,067,000 |
| Risk-weighted assets | 135,796,000 | 135,731,000 | 135,016,000 | 133,675,000 |