Call reports 2024
CROSS BANK — 2024
What CROSS 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 | 427,501,000 | 463,750,000 | 507,803,000 | 524,646,000 |
| Total loans | 366,532,000 | 412,278,000 | 424,425,000 | 420,824,000 |
| Allowance for loan losses | 6,276,000 | 6,595,000 | 6,887,000 | 6,618,000 |
| Securities available for sale | 364,000 | 349,000 | 341,000 | 317,000 |
| Securities held to maturity | 19,758,000 | 29,281,000 | 45,631,000 | 72,111,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 374,143,000 | 400,138,000 | 400,024,000 | 409,291,000 |
| Interest-bearing deposits | 286,952,000 | 314,464,000 | 321,395,000 | 326,565,000 |
| Noninterest-bearing deposits | 87,191,000 | 85,674,000 | 78,629,000 | 82,726,000 |
| Equity capital | 50,085,000 | 51,443,000 | 52,975,000 | 51,493,000 |
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 | 7,282,000 | 14,877,000 | 23,250,000 | 32,257,000 |
| Interest expense | 1,857,000 | 4,097,000 | 6,855,000 | 10,174,000 |
| Net interest income | 5,425,000 | 10,780,000 | 16,395,000 | 22,083,000 |
| Noninterest income | 1,133,000 | 1,584,000 | 2,121,000 | 2,631,000 |
| Noninterest expense | 3,133,000 | 6,216,000 | 9,229,000 | 12,769,000 |
| Provision for loan losses | 164,000 | 478,000 | 764,000 | 775,000 |
| Pretax income | 3,144,000 | 5,695,000 | 8,628,000 | 10,993,000 |
| Income tax | 758,000 | 1,373,000 | 2,077,000 | 2,617,000 |
| Net income | 2,386,000 | 4,322,000 | 6,551,000 | 8,376,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,574,000 | 48,030,000 | 49,655,000 | 48,275,000 |