Call reports 2025
ELEVATE BANK, NATIONAL ASSOCIATION — 2025
What ELEVATE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 55,629,000 | 55,697,000 | 56,679,000 | 60,097,000 |
| Total loans | 31,482,000 | 33,547,000 | 36,507,000 | 44,729,000 |
| Allowance for loan losses | 416,000 | 416,000 | 426,000 | 464,000 |
| Securities available for sale | 9,872,000 | 10,006,000 | 10,067,000 | 8,926,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,525,000 | 47,653,000 | 48,367,000 | 50,638,000 |
| Interest-bearing deposits | 26,523,000 | 25,989,000 | 24,827,000 | 27,093,000 |
| Noninterest-bearing deposits | 21,002,000 | 21,664,000 | 23,540,000 | 23,545,000 |
| Equity capital | 7,777,000 | 7,676,000 | 7,926,000 | 7,770,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 849,000 | 1,722,000 | 2,607,000 | 3,588,000 |
| Interest expense | 100,000 | 183,000 | 280,000 | 405,000 |
| Net interest income | 749,000 | 1,539,000 | 2,327,000 | 3,183,000 |
| Noninterest income | 498,000 | 537,000 | 753,000 | 854,000 |
| Noninterest expense | 733,000 | 1,473,000 | 2,238,000 | 3,065,000 |
| Provision for loan losses | 0 | 0 | 10,000 | 47,000 |
| Pretax income | 515,000 | 605,000 | 835,000 | 929,000 |
| Income tax | 21,000 | 24,000 | 34,000 | 38,000 |
| Net income | 494,000 | 581,000 | 801,000 | 891,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,880,000 | 6,809,000 | 7,057,000 | 6,902,000 |