Call reports 2024
BANESCO USA — 2024
What BANESCO USA 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 | 3,946,961,000 | 4,169,323,000 | 4,237,393,000 | 4,406,981,000 |
| Total loans | 3,003,135,000 | 3,145,323,000 | 3,157,212,000 | 3,315,852,000 |
| Allowance for loan losses | 36,845,000 | 36,566,000 | 34,461,000 | 37,513,000 |
| Securities available for sale | 421,987,000 | 417,854,000 | 477,848,000 | 514,951,000 |
| Securities held to maturity | 191,615,000 | 188,880,000 | 185,879,000 | 183,330,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,754,313,000 | 2,893,840,000 | 2,872,027,000 | 3,024,338,000 |
| Interest-bearing deposits | 1,719,587,000 | 1,754,045,000 | 1,748,246,000 | 1,891,838,000 |
| Noninterest-bearing deposits | 1,034,726,000 | 1,139,795,000 | 1,123,781,000 | 1,132,500,000 |
| Equity capital | 457,656,000 | 484,826,000 | 503,699,000 | 520,846,000 |
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 | 54,715,000 | 111,542,000 | 171,662,000 | 232,031,000 |
| Interest expense | 26,846,000 | 53,290,000 | 81,000,000 | 108,536,000 |
| Net interest income | 27,869,000 | 58,252,000 | 90,662,000 | 123,495,000 |
| Noninterest income | 4,853,000 | 10,496,000 | 17,330,000 | 25,070,000 |
| Noninterest expense | 20,243,000 | 41,296,000 | 63,254,000 | 86,544,000 |
| Provision for loan losses | 1,240,000 | 1,000,000 | -953,000 | 4,844,000 |
| Pretax income | 11,296,000 | 27,342,000 | 48,169,000 | 59,122,000 |
| Income tax | 3,548,000 | 8,300,000 | 14,410,000 | 15,907,000 |
| Net income | 7,748,000 | 19,042,000 | 33,759,000 | 43,215,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 502,771,000 | 529,078,000 | 543,089,000 | 566,781,000 |