Call reports 2024
THRIVENT TRUST CO. — 2024
What THRIVENT TRUST CO. 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 | 14,285,000 | 15,712,000 | 14,964,000 | 14,544,000 |
| Total loans | 0 | 0 | 0 | 0 |
| Allowance for loan losses | 0 | 0 | 0 | 0 |
| Securities available for sale | 8,744,000 | 9,716,000 | 9,352,000 | 9,708,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 |
| Interest-bearing deposits | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 11,296,000 | 11,405,000 | 11,876,000 | 11,496,000 |
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 | 66,000 | 132,000 | 212,000 | 303,000 |
| Interest expense | 8,000 | 16,000 | 24,000 | 32,000 |
| Net interest income | 58,000 | 116,000 | 188,000 | 271,000 |
| Noninterest income | 2,462,000 | 4,617,000 | 7,005,000 | 9,238,000 |
| Noninterest expense | 2,062,000 | 4,157,000 | 6,176,000 | 8,321,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 458,000 | 576,000 | 1,017,000 | 1,188,000 |
| Income tax | 124,000 | 156,000 | 275,000 | 296,000 |
| Net income | 334,000 | 420,000 | 742,000 | 892,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,581,000 | 11,667,000 | 11,989,000 | 11,638,000 |
| Total capital | 11,581,000 | 11,667,000 | 11,989,000 | — |
| Risk-weighted assets | 3,788,000 | 4,051,000 | 3,702,000 | — |