Call reports 2024
BANK OF FRANKLIN — 2024
What BANK OF FRANKLIN 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 | 229,564,000 | 233,031,000 | 233,491,000 | 235,378,000 |
| Total loans | 159,230,000 | 159,202,000 | 161,937,000 | 168,188,000 |
| Allowance for loan losses | 2,287,000 | 2,394,000 | 2,431,000 | 2,571,000 |
| Securities available for sale | 49,116,000 | 50,507,000 | 53,131,000 | 52,800,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 205,359,000 | 207,674,000 | 206,348,000 | 206,329,000 |
| Interest-bearing deposits | 158,941,000 | 159,517,000 | 156,885,000 | 153,417,000 |
| Noninterest-bearing deposits | 46,418,000 | 48,157,000 | 49,463,000 | 52,912,000 |
| Equity capital | 23,378,000 | 24,336,000 | 26,062,000 | 26,174,000 |
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 | 3,471,000 | 7,003,000 | 10,681,000 | 14,424,000 |
| Interest expense | 1,058,000 | 2,181,000 | 3,356,000 | 4,506,000 |
| Net interest income | 2,413,000 | 4,822,000 | 7,325,000 | 9,918,000 |
| Noninterest income | 478,000 | 955,000 | 1,453,000 | 2,185,000 |
| Noninterest expense | 1,785,000 | 3,540,000 | 5,377,000 | 7,308,000 |
| Provision for loan losses | 6,000 | 130,000 | 254,000 | 412,000 |
| Pretax income | 1,100,000 | 2,107,000 | 3,147,000 | 4,383,000 |
| Income tax | 233,000 | 456,000 | 713,000 | 995,000 |
| Net income | 867,000 | 1,651,000 | 2,434,000 | 3,388,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,276,000 | 26,065,000 | 26,859,000 | 27,825,000 |