Call reports 2024
CLEAR MOUNTAIN BANK, INC. — 2024
What CLEAR MOUNTAIN BANK, INC. 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 | 981,449,000 | 998,697,000 | 982,148,000 | 977,564,000 |
| Total loans | 685,350,000 | 688,421,000 | 698,429,000 | 693,783,000 |
| Allowance for loan losses | 9,749,000 | 10,017,000 | 10,160,000 | 9,880,000 |
| Securities available for sale | 178,778,000 | 177,450,000 | 180,536,000 | 173,542,000 |
| Securities held to maturity | 15,937,000 | 15,305,000 | 15,266,000 | 14,678,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 798,442,000 | 812,139,000 | 811,723,000 | 828,803,000 |
| Interest-bearing deposits | 557,787,000 | 560,801,000 | 568,383,000 | 585,214,000 |
| Noninterest-bearing deposits | 240,655,000 | 251,338,000 | 243,340,000 | 243,589,000 |
| Equity capital | 94,355,000 | 97,055,000 | 102,550,000 | 100,832,000 |
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 | 12,602,000 | 25,721,000 | 39,412,000 | 52,965,000 |
| Interest expense | 4,298,000 | 8,839,000 | 13,576,000 | 17,778,000 |
| Net interest income | 8,304,000 | 16,882,000 | 25,836,000 | 35,187,000 |
| Noninterest income | 1,848,000 | 3,929,000 | 6,004,000 | 8,107,000 |
| Noninterest expense | 6,596,000 | 13,094,000 | 19,775,000 | 27,128,000 |
| Provision for loan losses | 441,000 | 822,000 | 1,278,000 | 1,278,000 |
| Pretax income | 3,073,000 | 6,858,000 | 10,750,000 | 14,753,000 |
| Income tax | 657,000 | 1,430,000 | 2,286,000 | 3,346,000 |
| Net income | 2,416,000 | 5,428,000 | 8,464,000 | 11,407,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 116,906,000 | 119,169,000 | 120,565,000 | 123,208,000 |