Call reports 2024
BANKFIRST — 2024
What BANKFIRST 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 | 1,049,585,000 | 1,104,916,000 | 1,144,808,000 | 1,128,607,000 |
| Total loans | 646,456,000 | 702,777,000 | 717,154,000 | 730,676,000 |
| Allowance for loan losses | 12,360,000 | 11,760,000 | 11,725,000 | 11,893,000 |
| Securities available for sale | 336,445,000 | 329,635,000 | 353,039,000 | 325,232,000 |
| Securities held to maturity | 2,228,000 | 2,218,000 | 1,200,000 | 1,042,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 645,166,000 | 673,225,000 | 719,091,000 | 714,729,000 |
| Interest-bearing deposits | 550,892,000 | 580,708,000 | 634,439,000 | 630,584,000 |
| Noninterest-bearing deposits | 94,274,000 | 92,517,000 | 84,652,000 | 84,145,000 |
| Equity capital | 152,341,000 | 160,439,000 | 166,341,000 | 172,877,000 |
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 | 17,138,000 | 35,475,000 | 55,141,000 | 74,204,000 |
| Interest expense | 7,095,000 | 14,581,000 | 22,976,000 | 30,856,000 |
| Net interest income | 10,043,000 | 20,894,000 | 32,165,000 | 43,348,000 |
| Noninterest income | 907,000 | 1,783,000 | 2,767,000 | 3,698,000 |
| Noninterest expense | 4,484,000 | 8,987,000 | 13,352,000 | 17,840,000 |
| Provision for loan losses | 0 | 0 | 0 | 200,000 |
| Pretax income | 6,481,000 | 13,712,000 | 21,612,000 | 29,124,000 |
| Income tax | 1,489,000 | 3,164,000 | 4,993,000 | 6,421,000 |
| Net income | 4,992,000 | 10,548,000 | 16,619,000 | 22,703,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 141,017,000 | 146,689,000 | 152,877,000 | 159,077,000 |
| Total capital | 151,215,000 | 157,526,000 | 163,971,000 | 170,495,000 |
| Risk-weighted assets | 813,668,000 | 866,072,000 | 886,942,000 | 913,019,000 |