Call reports 2024
SOUTHWESTERN NATIONAL BANK — 2024
What SOUTHWESTERN NATIONAL 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 | 1,128,389,000 | 1,204,723,000 | 1,221,138,000 | 1,212,228,000 |
| Total loans | 974,836,000 | 989,866,000 | 983,929,000 | 1,026,921,000 |
| Allowance for loan losses | 12,000,000 | 12,220,000 | 12,220,000 | 12,252,000 |
| Securities available for sale | 37,285,000 | 38,877,000 | 45,800,000 | 47,248,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 993,594,000 | 1,066,378,000 | 1,077,741,000 | 1,047,098,000 |
| Interest-bearing deposits | 845,402,000 | 899,103,000 | 912,163,000 | 863,540,000 |
| Noninterest-bearing deposits | 148,192,000 | 167,275,000 | 165,578,000 | 183,558,000 |
| Equity capital | 126,906,000 | 130,529,000 | 135,393,000 | 137,452,000 |
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 | 16,907,000 | 35,359,000 | 54,552,000 | 74,183,000 |
| Interest expense | 8,920,000 | 18,794,000 | 29,127,000 | 38,665,000 |
| Net interest income | 7,987,000 | 16,565,000 | 25,425,000 | 35,518,000 |
| Noninterest income | 1,718,000 | 3,902,000 | 5,971,000 | 7,781,000 |
| Noninterest expense | 6,696,000 | 13,109,000 | 19,575,000 | 27,008,000 |
| Provision for loan losses | 550,000 | 770,000 | 770,000 | 998,000 |
| Pretax income | 2,725,000 | 6,854,000 | 11,267,000 | 15,577,000 |
| Income tax | 553,000 | 1,280,000 | 2,140,000 | 2,925,000 |
| Net income | 2,172,000 | 5,574,000 | 9,127,000 | 12,652,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 129,439,000 | 132,841,000 | 136,394,000 | 139,918,000 |
| Total capital | 141,352,000 | 145,035,000 | 148,643,000 | 152,616,000 |
| Risk-weighted assets | 952,266,000 | 974,784,000 | 979,153,000 | 1,015,598,000 |