Call reports 2024
LUSITANIA SAVINGS BANK — 2024
What LUSITANIA 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 | 383,169,000 | 388,916,000 | 385,293,000 | 381,502,000 |
| Total loans | 205,655,000 | 221,746,000 | 228,800,000 | 228,469,000 |
| Allowance for loan losses | 2,427,000 | 2,411,000 | 2,431,000 | 2,537,000 |
| Securities available for sale | 25,438,000 | 25,018,000 | 25,542,000 | 24,081,000 |
| Securities held to maturity | 96,111,000 | 90,491,000 | 86,997,000 | 88,386,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 318,439,000 | 313,939,000 | 319,178,000 | 321,004,000 |
| Interest-bearing deposits | 261,188,000 | 258,069,000 | 261,925,000 | 268,958,000 |
| Noninterest-bearing deposits | 57,251,000 | 55,870,000 | 57,253,000 | 52,046,000 |
| Equity capital | 55,794,000 | 56,137,000 | 57,263,000 | 56,730,000 |
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 | 2,931,000 | 5,949,000 | 9,130,000 | 12,311,000 |
| Interest expense | 1,207,000 | 2,537,000 | 3,963,000 | 5,333,000 |
| Net interest income | 1,724,000 | 3,412,000 | 5,167,000 | 6,978,000 |
| Noninterest income | 135,000 | 278,000 | 425,000 | 567,000 |
| Noninterest expense | 1,622,000 | 3,141,000 | 4,595,000 | 6,378,000 |
| Provision for loan losses | 1,000 | -15,000 | 5,000 | 111,000 |
| Pretax income | 212,000 | 499,000 | 922,000 | 1,067,000 |
| Income tax | 46,000 | 113,000 | 223,000 | 249,000 |
| Net income | 166,000 | 386,000 | 699,000 | 818,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 59,074,000 | 59,294,000 | 59,607,000 | 59,726,000 |
| Total capital | 61,281,000 | 61,615,000 | 61,899,000 | 62,004,000 |
| Risk-weighted assets | 176,354,000 | 185,502,000 | 183,167,000 | 182,028,000 |