Call reports 2024
TRUNORTH BANK — 2024
What TRUNORTH 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 | 1,660,258,000 | 1,665,126,000 | 2,937,502,000 | 2,920,096,000 |
| Total loans | 1,336,418,000 | 1,338,864,000 | 2,330,016,000 | 2,320,359,000 |
| Allowance for loan losses | 19,860,000 | 19,827,000 | 11,992,000 | 11,949,000 |
| Securities available for sale | 39,039,000 | 35,075,000 | 208,516,000 | 193,844,000 |
| Securities held to maturity | 198,218,000 | 188,164,000 | 58,895,000 | 58,341,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,395,203,000 | 1,413,718,000 | 2,345,697,000 | 2,345,008,000 |
| Interest-bearing deposits | 1,037,124,000 | 1,047,548,000 | 1,825,468,000 | 1,813,266,000 |
| Noninterest-bearing deposits | 358,079,000 | 366,170,000 | 520,229,000 | 531,742,000 |
| Equity capital | 208,438,000 | 209,685,000 | 416,917,000 | 423,478,000 |
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 | 19,815,000 | 39,964,000 | 51,286,000 | 92,915,000 |
| Interest expense | 6,421,000 | 12,916,000 | 20,079,000 | 32,952,000 |
| Net interest income | 13,394,000 | 27,048,000 | 31,207,000 | 59,963,000 |
| Noninterest income | 1,215,000 | 2,394,000 | 4,289,000 | 7,194,000 |
| Noninterest expense | 9,528,000 | 19,099,000 | 23,254,000 | 39,016,000 |
| Provision for loan losses | -150,000 | -150,000 | 6,718,000 | 6,718,000 |
| Pretax income | 5,367,000 | 10,494,000 | 5,524,000 | 21,423,000 |
| Income tax | 1,417,000 | 2,770,000 | 1,064,000 | 5,429,000 |
| Net income | 3,950,000 | 7,724,000 | 4,460,000 | 15,994,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 207,697,000 | 208,919,000 | 287,772,000 | 299,648,000 |
| Total capital | 223,446,000 | 224,661,000 | 295,016,000 | 307,503,000 |
| Risk-weighted assets | 1,254,869,000 | 1,254,248,000 | 2,066,365,000 | 2,098,445,000 |