Call reports 2024
CACHE VALLEY BANK — 2024
What CACHE VALLEY 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 | 2,901,492,000 | 2,922,757,000 | 3,136,378,000 | 3,284,205,000 |
| Total loans | 2,336,447,000 | 2,396,355,000 | 2,425,978,000 | 2,403,788,000 |
| Allowance for loan losses | 29,967,000 | 31,006,000 | 31,095,000 | 30,166,000 |
| Securities available for sale | 206,820,000 | 142,068,000 | 99,075,000 | 102,360,000 |
| Securities held to maturity | 28,904,000 | 28,799,000 | 31,765,000 | 32,338,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,548,890,000 | 2,565,445,000 | 2,769,455,000 | 2,905,329,000 |
| Interest-bearing deposits | 1,829,508,000 | 1,818,243,000 | 2,024,117,000 | 2,224,540,000 |
| Noninterest-bearing deposits | 719,382,000 | 747,202,000 | 745,338,000 | 680,789,000 |
| Equity capital | 325,666,000 | 332,206,000 | 343,277,000 | 351,702,000 |
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 | 44,137,000 | 91,384,000 | 141,348,000 | 193,576,000 |
| Interest expense | 14,408,000 | 30,724,000 | 48,914,000 | 69,100,000 |
| Net interest income | 29,729,000 | 60,660,000 | 92,434,000 | 124,476,000 |
| Noninterest income | 1,813,000 | 3,515,000 | 5,168,000 | 3,146,000 |
| Noninterest expense | 13,149,000 | 26,519,000 | 39,234,000 | 54,095,000 |
| Provision for loan losses | 1,500,000 | 3,000,000 | 3,000,000 | 3,000,000 |
| Pretax income | 16,893,000 | 34,656,000 | 55,368,000 | 70,527,000 |
| Income tax | 4,305,000 | 8,675,000 | 13,835,000 | 16,082,000 |
| Net income | 12,588,000 | 25,981,000 | 41,533,000 | 54,445,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 326,801,000 | 332,653,000 | 343,410,000 | 352,178,000 |
| Total capital | 357,163,000 | 364,054,000 | 374,899,000 | 382,738,000 |
| Risk-weighted assets | 2,618,059,000 | 2,636,010,000 | 2,523,196,000 | 2,630,979,000 |