Call reports 2024
FOUNDERS BANK — 2024
What FOUNDERS 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 | 308,358,000 | 315,645,000 | 331,670,000 | 338,666,000 |
| Total loans | 235,276,000 | 252,571,000 | 266,191,000 | 275,707,000 |
| Allowance for loan losses | 2,453,000 | 2,604,000 | 2,631,000 | 2,631,000 |
| Securities available for sale | 13,034,000 | 12,843,000 | 13,018,000 | 7,169,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 238,448,000 | 244,223,000 | 259,283,000 | 267,170,000 |
| Interest-bearing deposits | 177,088,000 | 177,602,000 | 190,297,000 | 188,299,000 |
| Noninterest-bearing deposits | 61,360,000 | 66,621,000 | 68,986,000 | 78,871,000 |
| Equity capital | 49,405,000 | 49,611,000 | 50,267,000 | 50,655,000 |
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 | 4,101,000 | 8,587,000 | 13,408,000 | 18,261,000 |
| Interest expense | 1,711,000 | 3,583,000 | 5,618,000 | 7,489,000 |
| Net interest income | 2,390,000 | 5,004,000 | 7,790,000 | 10,772,000 |
| Noninterest income | 18,000 | 36,000 | 56,000 | 84,000 |
| Noninterest expense | 2,254,000 | 4,575,000 | 7,028,000 | 9,422,000 |
| Provision for loan losses | 29,000 | 180,000 | 207,000 | 207,000 |
| Pretax income | 119,000 | 203,000 | 529,000 | 822,000 |
| Income tax | -1,610,000 | -1,559,000 | -1,433,000 | -1,375,000 |
| Net income | 1,729,000 | 1,762,000 | 1,962,000 | 2,197,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,097,000 | 51,221,000 | 51,531,000 | 51,848,000 |
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