Call reports 2024
WATERFALL BANK — 2024
What WATERFALL 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 | 205,899,000 | 231,166,000 | 265,010,000 | 284,367,000 |
| Total loans | 187,388,000 | 197,893,000 | 231,152,000 | 253,318,000 |
| Allowance for loan losses | 1,405,000 | 1,504,000 | 1,655,000 | 1,784,000 |
| Securities available for sale | 10,903,000 | 10,744,000 | 10,976,000 | 10,238,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 154,973,000 | 188,147,000 | 221,410,000 | 240,752,000 |
| Interest-bearing deposits | 137,578,000 | 170,086,000 | 201,955,000 | 217,946,000 |
| Noninterest-bearing deposits | 17,395,000 | 18,061,000 | 19,455,000 | 22,806,000 |
| Equity capital | 41,099,000 | 41,199,000 | 41,823,000 | 41,710,000 |
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 | 3,214,000 | 6,811,000 | 10,920,000 | 15,418,000 |
| Interest expense | 1,472,000 | 3,177,000 | 5,223,000 | 7,576,000 |
| Net interest income | 1,742,000 | 3,634,000 | 5,697,000 | 7,842,000 |
| Noninterest income | 31,000 | 64,000 | 104,000 | 143,000 |
| Noninterest expense | 1,598,000 | 3,372,000 | 5,004,000 | 6,692,000 |
| Provision for loan losses | 77,000 | 152,000 | 303,000 | 433,000 |
| Pretax income | 98,000 | 142,000 | 468,000 | 835,000 |
| Income tax | 28,000 | 43,000 | 130,000 | 221,000 |
| Net income | 70,000 | 99,000 | 338,000 | 614,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,814,000 | 41,837,000 | 42,187,000 | 42,554,000 |
| Total capital | 43,243,000 | 43,373,000 | 43,868,000 | 44,363,000 |
| Risk-weighted assets | 188,179,000 | 207,813,000 | 245,349,000 | 271,988,000 |