Call reports 2024
PILGRIM BANK — 2024
What PILGRIM 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 | 695,991,000 | 693,251,000 | 699,964,000 | 692,921,000 |
| Total loans | 469,561,000 | 473,903,000 | 483,327,000 | 487,130,000 |
| Allowance for loan losses | 3,884,000 | 3,896,000 | 3,916,000 | 3,815,000 |
| Securities available for sale | 77,416,000 | 85,247,000 | 74,724,000 | 74,395,000 |
| Securities held to maturity | 85,385,000 | 83,292,000 | 80,903,000 | 78,819,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 569,020,000 | 564,720,000 | 565,978,000 | 556,188,000 |
| Interest-bearing deposits | 372,707,000 | 379,084,000 | 376,327,000 | 373,375,000 |
| Noninterest-bearing deposits | 196,313,000 | 185,636,000 | 189,651,000 | 182,813,000 |
| Equity capital | 59,216,000 | 60,202,000 | 63,909,000 | 61,806,000 |
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 | 8,053,000 | 16,021,000 | 24,128,000 | 32,093,000 |
| Interest expense | 3,469,000 | 7,177,000 | 11,008,000 | 14,799,000 |
| Net interest income | 4,584,000 | 8,844,000 | 13,120,000 | 17,294,000 |
| Noninterest income | 570,000 | 1,152,000 | 1,749,000 | 2,319,000 |
| Noninterest expense | 3,611,000 | 7,203,000 | 10,973,000 | 14,905,000 |
| Provision for loan losses | 25,000 | 40,000 | 67,000 | -33,000 |
| Pretax income | 1,514,000 | 2,758,000 | 3,888,000 | 4,800,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,514,000 | 2,758,000 | 3,888,000 | 4,800,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 72,751,000 | 73,122,000 | 73,176,000 | 73,067,000 |
| Total capital | 76,678,000 | 77,052,000 | 77,124,000 | 76,913,000 |
| Risk-weighted assets | 498,027,000 | 495,148,000 | 505,246,000 | 522,988,000 |