Call reports 2024
BENCHMARK BANK — 2024
What BENCHMARK 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 | 1,117,658,000 | 1,116,399,000 | 1,205,463,000 | 1,214,800,000 |
| Total loans | 794,668,000 | 810,103,000 | 829,725,000 | 808,626,000 |
| Allowance for loan losses | 9,963,000 | 10,297,000 | 9,468,000 | 9,560,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 7,473,000 | 8,460,000 | 8,450,000 | 8,438,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 995,961,000 | 993,444,000 | 1,077,915,000 | 1,091,229,000 |
| Interest-bearing deposits | 598,672,000 | 616,399,000 | 700,101,000 | 705,067,000 |
| Noninterest-bearing deposits | 397,289,000 | 377,045,000 | 377,814,000 | 386,162,000 |
| Equity capital | 110,021,000 | 109,650,000 | 112,437,000 | 113,422,000 |
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 | 16,402,000 | 33,470,000 | 51,345,000 | 69,682,000 |
| Interest expense | 4,908,000 | 10,213,000 | 16,083,000 | 22,425,000 |
| Net interest income | 11,494,000 | 23,257,000 | 35,262,000 | 47,257,000 |
| Noninterest income | 4,266,000 | 9,114,000 | 13,990,000 | 19,146,000 |
| Noninterest expense | 11,236,000 | 22,821,000 | 34,604,000 | 45,935,000 |
| Provision for loan losses | 1,100,000 | 1,447,000 | 658,000 | 736,000 |
| Pretax income | 3,424,000 | 8,103,000 | 13,990,000 | 18,975,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 3,424,000 | 8,103,000 | 13,990,000 | 18,975,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 110,021,000 | 109,650,000 | 112,437,000 | 113,422,000 |
| Total capital | 119,984,000 | 119,947,000 | 121,905,000 | 123,739,000 |
| Risk-weighted assets | 832,817,000 | 847,774,000 | 863,471,000 | 837,135,000 |