Call reports 2024
MONTROSE SAVINGS BANK — 2024
What MONTROSE 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 | 54,591,000 | 55,893,000 | 55,443,000 | 54,799,000 |
| Total loans | 28,288,000 | 28,677,000 | 29,055,000 | 30,516,000 |
| Allowance for loan losses | 534,000 | 535,000 | 536,000 | 539,000 |
| Securities available for sale | 19,988,000 | 21,428,000 | 20,259,000 | 19,372,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,781,000 | 47,734,000 | 46,844,000 | 45,677,000 |
| Interest-bearing deposits | 36,171,000 | 36,096,000 | 36,462,000 | 36,257,000 |
| Noninterest-bearing deposits | 10,610,000 | 11,638,000 | 10,382,000 | 9,420,000 |
| Equity capital | 7,631,000 | 7,966,000 | 8,398,000 | 8,216,000 |
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 | 621,000 | 1,288,000 | 1,984,000 | 2,690,000 |
| Interest expense | 137,000 | 288,000 | 456,000 | 633,000 |
| Net interest income | 484,000 | 1,000,000 | 1,528,000 | 2,057,000 |
| Noninterest income | 19,000 | 36,000 | 54,000 | 68,000 |
| Noninterest expense | 249,000 | 467,000 | 707,000 | 1,011,000 |
| Provision for loan losses | 6,000 | 6,000 | 6,000 | 9,000 |
| Pretax income | 255,000 | 567,000 | 876,000 | 1,115,000 |
| Income tax | 0 | 24,000 | 30,000 | 37,000 |
| Net income | 255,000 | 543,000 | 846,000 | 1,078,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,996,000 | 8,284,000 | 8,423,000 | 8,379,000 |