Call report 2024Q2
M1 BANK — 2024Q2
The 22 measures M1 BANK reported to the FFIEC for 2024Q2, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 1,154,107,000 | USD | evidence → |
| Total loans | 983,199,000 | USD | evidence → |
| Allowance for loan losses | 7,881,000 | USD | evidence → |
| Securities available for sale | 33,916,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 990,564,000 | USD | evidence → |
| Interest-bearing deposits | 946,987,000 | USD | evidence → |
| Noninterest-bearing deposits | 43,577,000 | USD | evidence → |
| Equity capital | 100,839,000 | 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 | 44,726,000 | USD | evidence → |
| Interest expense | 22,085,000 | USD | evidence → |
| Net interest income | 22,641,000 | USD | evidence → |
| Noninterest income | 30,000 | USD | evidence → |
| Noninterest expense | 6,108,000 | USD | evidence → |
| Provision for loan losses | 1,305,000 | USD | evidence → |
| Pretax income | 15,581,000 | USD | evidence → |
| Income tax | 3,457,000 | USD | evidence → |
| Net income | 12,124,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 105,410,000 | USD | evidence → |