Call reports 2024
21ST CENTURY BANK — 2024
What 21ST CENTURY 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 | 776,324,000 | 738,455,000 | 756,216,000 | 773,882,000 |
| Total loans | 588,576,000 | 590,297,000 | 604,235,000 | 615,473,000 |
| Allowance for loan losses | 5,413,000 | 5,414,000 | 5,589,000 | 5,659,000 |
| Securities available for sale | 107,215,000 | 113,292,000 | 127,265,000 | 133,648,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 615,440,000 | 572,061,000 | 591,913,000 | 585,661,000 |
| Interest-bearing deposits | 474,760,000 | 435,136,000 | 451,838,000 | 452,498,000 |
| Noninterest-bearing deposits | 140,680,000 | 136,925,000 | 140,075,000 | 133,163,000 |
| Equity capital | 72,304,000 | 74,417,000 | 78,403,000 | 76,010,000 |
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 | 9,267,000 | 19,112,000 | 29,056,000 | 39,563,000 |
| Interest expense | 4,721,000 | 9,730,000 | 14,809,000 | 19,714,000 |
| Net interest income | 4,546,000 | 9,382,000 | 14,247,000 | 19,849,000 |
| Noninterest income | 153,000 | 299,000 | 448,000 | 599,000 |
| Noninterest expense | 3,775,000 | 6,865,000 | 10,009,000 | 13,239,000 |
| Provision for loan losses | 0 | 0 | 175,000 | 516,000 |
| Pretax income | 924,000 | 2,816,000 | 4,511,000 | 6,634,000 |
| Income tax | 268,000 | 817,000 | 1,308,000 | 1,924,000 |
| Net income | 656,000 | 1,999,000 | 3,203,000 | 4,710,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 81,925,000 | 83,268,000 | 84,472,000 | 85,979,000 |
| Total capital | 87,338,000 | 88,682,000 | 90,061,000 | 91,638,000 |
| Risk-weighted assets | 533,376,000 | 536,650,000 | 547,433,000 | 584,830,000 |