Call reports 2024
CHAMPLAIN NATIONAL BANK — 2024
What CHAMPLAIN NATIONAL 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 | 486,807,000 | 476,056,000 | 510,443,000 | 473,728,000 |
| Total loans | 318,044,000 | 321,085,000 | 321,444,000 | 324,578,000 |
| Allowance for loan losses | 3,457,000 | 3,568,000 | 3,328,000 | 3,402,000 |
| Securities available for sale | 111,769,000 | 111,961,000 | 116,683,000 | 110,153,000 |
| Securities held to maturity | 3,807,000 | 4,751,000 | 4,173,000 | 4,473,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 405,338,000 | 388,531,000 | 432,966,000 | 411,351,000 |
| Interest-bearing deposits | 273,295,000 | 257,587,000 | 293,562,000 | 285,760,000 |
| Noninterest-bearing deposits | 132,043,000 | 130,944,000 | 139,404,000 | 125,591,000 |
| Equity capital | 25,850,000 | 27,061,000 | 31,298,000 | 28,098,000 |
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 | 4,967,000 | 10,040,000 | 15,307,000 | 20,606,000 |
| Interest expense | 1,743,000 | 3,541,000 | 5,348,000 | 7,038,000 |
| Net interest income | 3,224,000 | 6,499,000 | 9,959,000 | 13,568,000 |
| Noninterest income | 507,000 | 1,047,000 | 1,592,000 | 2,059,000 |
| Noninterest expense | 2,970,000 | 5,886,000 | 8,860,000 | 12,205,000 |
| Provision for loan losses | 32,000 | 131,000 | 386,000 | 482,000 |
| Pretax income | 723,000 | 1,643,000 | 2,427,000 | 3,047,000 |
| Income tax | 113,000 | 268,000 | 391,000 | 485,000 |
| Net income | 610,000 | 1,375,000 | 2,036,000 | 2,562,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,866,000 | 49,499,000 | 50,028,000 | 50,422,000 |