Call reports 2024
MONTICELLO BANKING COMPANY — 2024
What MONTICELLO BANKING COMPANY 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 | 1,191,728,000 | 1,183,261,000 | 1,171,778,000 | 1,153,231,000 |
| Total loans | 862,756,000 | 852,209,000 | 840,880,000 | 829,063,000 |
| Allowance for loan losses | 9,849,000 | 10,027,000 | 9,997,000 | 9,577,000 |
| Securities available for sale | 240,514,000 | 237,367,000 | 240,451,000 | 234,386,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 925,503,000 | 917,854,000 | 916,250,000 | 926,546,000 |
| Interest-bearing deposits | 853,141,000 | 851,806,000 | 846,393,000 | 856,902,000 |
| Noninterest-bearing deposits | 72,362,000 | 66,048,000 | 69,857,000 | 69,644,000 |
| Equity capital | 85,340,000 | 84,564,000 | 90,018,000 | 88,999,000 |
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 | 13,638,000 | 27,484,000 | 41,755,000 | 55,964,000 |
| Interest expense | 6,307,000 | 12,613,000 | 18,864,000 | 24,653,000 |
| Net interest income | 7,331,000 | 14,871,000 | 22,891,000 | 31,311,000 |
| Noninterest income | 1,370,000 | 2,785,000 | 4,273,000 | 5,952,000 |
| Noninterest expense | 6,814,000 | 13,455,000 | 20,513,000 | 27,573,000 |
| Provision for loan losses | 17,000 | 180,000 | 180,000 | -563,000 |
| Pretax income | 1,870,000 | 4,121,000 | 6,571,000 | 10,404,000 |
| Income tax | 310,000 | 710,000 | 1,147,000 | 1,907,000 |
| Net income | 1,560,000 | 3,411,000 | 5,424,000 | 8,497,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 111,198,000 | 111,839,000 | 112,588,000 | 114,402,000 |