Call reports 2024
EMPIRE STATE BANK — 2024
What EMPIRE STATE 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 | 628,763,000 | 651,830,000 | 633,374,000 | 636,921,000 |
| Total loans | 565,463,000 | 565,176,000 | 565,093,000 | 564,468,000 |
| Allowance for loan losses | 5,054,000 | 5,094,000 | 5,100,000 | 5,137,000 |
| Securities available for sale | 3,983,000 | 5,668,000 | 15,532,000 | 15,278,000 |
| Securities held to maturity | 7,256,000 | 7,254,000 | 7,254,000 | 7,253,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 502,974,000 | 526,274,000 | 513,991,000 | 517,468,000 |
| Interest-bearing deposits | 394,918,000 | 413,366,000 | 407,878,000 | 415,087,000 |
| Noninterest-bearing deposits | 108,056,000 | 112,908,000 | 106,113,000 | 102,381,000 |
| Equity capital | 59,173,000 | 59,613,000 | 58,873,000 | 59,473,000 |
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 | 7,586,000 | 15,613,000 | 23,573,000 | 31,576,000 |
| Interest expense | 4,161,000 | 8,520,000 | 12,712,000 | 16,648,000 |
| Net interest income | 3,425,000 | 7,093,000 | 10,861,000 | 14,928,000 |
| Noninterest income | 215,000 | 544,000 | 853,000 | 1,227,000 |
| Noninterest expense | 3,455,000 | 6,961,000 | 10,372,000 | 13,966,000 |
| Provision for loan losses | 16,000 | 49,000 | 53,000 | 65,000 |
| Pretax income | 146,000 | 628,000 | 1,387,000 | 2,232,000 |
| Income tax | 32,000 | 138,000 | 305,000 | 491,000 |
| Net income | 114,000 | 490,000 | 1,082,000 | 1,741,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 59,038,000 | 59,465,000 | 58,606,000 | 59,368,000 |
| Total capital | 64,452,000 | 64,849,000 | 63,968,000 | 64,789,000 |
| Risk-weighted assets | 433,115,000 | 430,655,000 | 428,856,000 | 433,632,000 |