Call reports 2024
AVIDBANK — 2024
What AVIDBANK 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 | 2,251,203,000 | 2,281,432,000 | 2,289,725,000 | 2,298,340,000 |
| Total loans | 1,783,025,000 | 1,806,607,000 | 1,786,757,000 | 1,864,942,000 |
| Allowance for loan losses | 19,342,000 | 22,410,000 | 22,315,000 | 18,679,000 |
| Securities available for sale | 314,793,000 | 308,661,000 | 316,741,000 | 296,556,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,757,952,000 | 1,739,774,000 | 1,902,533,000 | 1,891,547,000 |
| Interest-bearing deposits | 1,250,698,000 | 1,332,848,000 | 1,496,000,000 | 1,477,028,000 |
| Noninterest-bearing deposits | 507,254,000 | 406,926,000 | 406,533,000 | 414,519,000 |
| Equity capital | 183,919,000 | 186,576,000 | 204,087,000 | 202,099,000 |
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 | 34,661,000 | 70,860,000 | 107,497,000 | 142,440,000 |
| Interest expense | 15,476,000 | 32,849,000 | 50,574,000 | 66,024,000 |
| Net interest income | 19,185,000 | 38,011,000 | 56,923,000 | 76,416,000 |
| Noninterest income | 1,256,000 | 2,395,000 | 4,196,000 | 5,935,000 |
| Noninterest expense | 12,381,000 | 24,093,000 | 36,140,000 | 47,147,000 |
| Provision for loan losses | 211,000 | 3,279,000 | 3,279,000 | 3,909,000 |
| Pretax income | 7,741,000 | 12,996,000 | 21,662,000 | 31,108,000 |
| Income tax | 2,270,000 | 3,783,000 | 6,349,000 | 9,175,000 |
| Net income | 5,471,000 | 9,213,000 | 15,313,000 | 21,933,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 236,539,000 | 239,014,000 | 245,980,000 | 253,437,000 |
| Total capital | 258,049,000 | 263,521,000 | 270,392,000 | 274,362,000 |
| Risk-weighted assets | 2,185,242,000 | 2,228,507,000 | 2,137,080,000 | 2,238,692,000 |