Call reports 2024
NEWBANK — 2024
What NEWBANK 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 | 659,808,000 | 654,217,000 | 667,953,000 | 660,047,000 |
| Total loans | 382,693,000 | 388,729,000 | 392,337,000 | 381,066,000 |
| Allowance for loan losses | 3,893,000 | 4,748,000 | 5,801,000 | 4,989,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 567,345,000 | 560,171,000 | 570,410,000 | 562,409,000 |
| Interest-bearing deposits | 423,139,000 | 412,595,000 | 431,144,000 | 412,321,000 |
| Noninterest-bearing deposits | 144,206,000 | 147,576,000 | 139,266,000 | 150,088,000 |
| Equity capital | 75,359,000 | 77,805,000 | 80,378,000 | 82,666,000 |
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 | 12,299,000 | 24,834,000 | 37,573,000 | 49,515,000 |
| Interest expense | 5,067,000 | 10,147,000 | 15,301,000 | 20,280,000 |
| Net interest income | 7,232,000 | 14,687,000 | 22,272,000 | 29,235,000 |
| Noninterest income | 902,000 | 1,897,000 | 2,806,000 | 3,820,000 |
| Noninterest expense | 3,755,000 | 7,179,000 | 11,091,000 | 15,909,000 |
| Provision for loan losses | 1,400,000 | 4,259,000 | 5,259,000 | 5,740,000 |
| Pretax income | 2,979,000 | 6,505,000 | 10,087,000 | 12,765,000 |
| Income tax | 873,000 | 1,953,000 | 2,961,000 | 3,351,000 |
| Net income | 2,106,000 | 4,552,000 | 7,126,000 | 9,414,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 74,944,000 | 77,390,000 | 79,963,000 | 82,251,000 |
| Total capital | 79,895,000 | — | — | — |
| Risk-weighted assets | 395,691,000 | — | — | — |