Call reports 2024
MOVEMENT BANK — 2024
What MOVEMENT 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 | 156,813,000 | 154,709,000 | 154,520,000 | 156,895,000 |
| Total loans | 117,823,000 | 119,190,000 | 117,882,000 | 120,674,000 |
| Allowance for loan losses | 926,000 | 919,000 | 942,000 | 938,000 |
| Securities available for sale | 14,319,000 | 14,219,000 | 14,674,000 | 13,744,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 136,740,000 | 132,710,000 | 132,341,000 | 134,567,000 |
| Interest-bearing deposits | 85,794,000 | 84,757,000 | 85,397,000 | 89,557,000 |
| Noninterest-bearing deposits | 50,946,000 | 47,953,000 | 46,944,000 | 45,010,000 |
| Equity capital | 15,880,000 | 15,818,000 | 16,048,000 | 14,787,000 |
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 | 1,921,000 | 3,901,000 | 5,904,000 | 7,941,000 |
| Interest expense | 837,000 | 1,722,000 | 2,631,000 | 3,518,000 |
| Net interest income | 1,084,000 | 2,179,000 | 3,273,000 | 4,423,000 |
| Noninterest income | 520,000 | 1,215,000 | 1,761,000 | 2,285,000 |
| Noninterest expense | 1,903,000 | 3,947,000 | 5,942,000 | 8,205,000 |
| Provision for loan losses | 12,000 | -56,000 | -37,000 | -52,000 |
| Pretax income | -322,000 | -508,000 | -895,000 | -1,465,000 |
| Income tax | -69,000 | -109,000 | -192,000 | -44,000 |
| Net income | -253,000 | -399,000 | -703,000 | -1,421,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,892,000 | 15,759,000 | 15,371,000 | 14,851,000 |
| Total capital | 16,852,000 | 16,712,000 | 16,360,000 | 15,832,000 |
| Risk-weighted assets | 124,556,000 | 119,998,000 | 121,000,000 | 116,236,000 |