Call reports 2024
LOCALITY BANK — 2024
What LOCALITY 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 | 203,065,000 | 233,347,000 | 255,773,000 | 281,204,000 |
| Total loans | 139,393,000 | 167,210,000 | 197,827,000 | 208,742,000 |
| Allowance for loan losses | 1,432,000 | 2,610,000 | 3,096,000 | 3,195,000 |
| Securities available for sale | 10,190,000 | 9,933,000 | 12,512,000 | 11,548,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 170,029,000 | 199,598,000 | 224,352,000 | 242,979,000 |
| Interest-bearing deposits | 140,122,000 | 161,125,000 | 192,747,000 | 210,127,000 |
| Noninterest-bearing deposits | 29,907,000 | 38,473,000 | 31,605,000 | 32,852,000 |
| Equity capital | 31,893,000 | 30,625,000 | 30,192,000 | 32,027,000 |
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 | 3,044,000 | 6,387,000 | 10,315,000 | 14,667,000 |
| Interest expense | 1,382,000 | 2,914,000 | 4,790,000 | 6,884,000 |
| Net interest income | 1,662,000 | 3,473,000 | 5,525,000 | 7,783,000 |
| Noninterest income | 214,000 | 345,000 | 613,000 | 827,000 |
| Noninterest expense | 2,163,000 | 4,280,000 | 6,701,000 | 9,146,000 |
| Provision for loan losses | 158,000 | 1,337,000 | 1,822,000 | 1,921,000 |
| Pretax income | -412,000 | -1,747,000 | -2,348,000 | -2,413,000 |
| Income tax | 0 | 0 | 0 | -2,211,000 |
| Net income | -412,000 | -1,747,000 | -2,348,000 | -202,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,953,000 | 30,675,000 | 30,112,000 | 30,108,000 |