Call report 2024Q1
M1 BANK — 2024Q1
The 22 measures M1 BANK reported to the FFIEC for 2024Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 1,113,871,000 | USD | evidence → |
| Total loans | 914,401,000 | USD | evidence → |
| Allowance for loan losses | 7,384,000 | USD | evidence → |
| Securities available for sale | 34,532,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 1,003,332,000 | USD | evidence → |
| Interest-bearing deposits | 931,001,000 | USD | evidence → |
| Noninterest-bearing deposits | 72,331,000 | USD | evidence → |
| Equity capital | 97,143,000 | USD | evidence → |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | Value | Unit | Source |
|---|---|---|---|
| Interest income | 23,260,000 | USD | evidence → |
| Interest expense | 10,390,000 | USD | evidence → |
| Net interest income | 12,870,000 | USD | evidence → |
| Noninterest income | 14,000 | USD | evidence → |
| Noninterest expense | 2,930,000 | USD | evidence → |
| Provision for loan losses | 804,000 | USD | evidence → |
| Pretax income | 9,313,000 | USD | evidence → |
| Income tax | 2,098,000 | USD | evidence → |
| Net income | 7,215,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 101,901,000 | USD | evidence → |