Call reports 2024
RESOURCE BANK, NATIONAL ASSOCIATION — 2024
What RESOURCE BANK, NATIONAL ASSOCIATION 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 | 805,906,000 | 825,207,000 | 857,179,000 | 812,982,000 |
| Total loans | 485,382,000 | 502,637,000 | 508,589,000 | 513,000,000 |
| Allowance for loan losses | 4,809,000 | 4,894,000 | 4,773,000 | 4,725,000 |
| Securities available for sale | 248,856,000 | 243,345,000 | 240,374,000 | 237,418,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 710,969,000 | 730,140,000 | 752,996,000 | 759,494,000 |
| Interest-bearing deposits | 533,380,000 | 559,723,000 | 580,933,000 | 580,417,000 |
| Noninterest-bearing deposits | 177,589,000 | 170,417,000 | 172,063,000 | 179,077,000 |
| Equity capital | 45,815,000 | 45,014,000 | 53,192,000 | 50,326,000 |
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 | 8,571,000 | 17,978,000 | 27,368,000 | 36,734,000 |
| Interest expense | 2,662,000 | 5,912,000 | 9,336,000 | 12,503,000 |
| Net interest income | 5,909,000 | 12,066,000 | 18,032,000 | 24,231,000 |
| Noninterest income | 1,923,000 | 4,006,000 | 6,080,000 | 8,235,000 |
| Noninterest expense | 5,792,000 | 11,678,000 | 17,728,000 | 23,902,000 |
| Provision for loan losses | 79,000 | 151,000 | 37,000 | -8,000 |
| Pretax income | 1,936,000 | 4,189,000 | 6,282,000 | 8,507,000 |
| Income tax | 24,000 | 53,000 | 93,000 | 131,000 |
| Net income | 1,912,000 | 4,136,000 | 6,189,000 | 8,376,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 66,366,000 | 67,301,000 | 68,161,000 | 68,999,000 |
| Total capital | 71,275,000 | 72,296,000 | 73,034,000 | 73,824,000 |
| Risk-weighted assets | 555,857,000 | 558,531,000 | 554,842,000 | 565,472,000 |