Call reports 2024
POTOMAC BANK, INC. — 2024
What POTOMAC BANK, INC. 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 | 854,320,000 | 831,444,000 | 870,310,000 | 875,866,000 |
| Total loans | 657,846,000 | 665,465,000 | 687,874,000 | 705,615,000 |
| Allowance for loan losses | 6,832,000 | 6,881,000 | 7,097,000 | 6,977,000 |
| Securities available for sale | 84,768,000 | 83,276,000 | 82,146,000 | 77,385,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 763,028,000 | 740,180,000 | 749,804,000 | 754,519,000 |
| Interest-bearing deposits | 591,993,000 | 570,834,000 | 576,809,000 | 582,677,000 |
| Noninterest-bearing deposits | 171,035,000 | 169,346,000 | 172,995,000 | 171,842,000 |
| Equity capital | 76,487,000 | 78,078,000 | 81,117,000 | 82,134,000 |
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 | 9,747,000 | 19,830,000 | 30,793,000 | 41,681,000 |
| Interest expense | 3,216,000 | 6,597,000 | 10,469,000 | 14,057,000 |
| Net interest income | 6,531,000 | 13,233,000 | 20,324,000 | 27,624,000 |
| Noninterest income | 1,606,000 | 3,350,000 | 5,086,000 | 7,137,000 |
| Noninterest expense | 5,576,000 | 11,511,000 | 17,739,000 | 24,000,000 |
| Provision for loan losses | 180,000 | 276,000 | 455,000 | 414,000 |
| Pretax income | 2,381,000 | 4,377,000 | 6,774,000 | 9,467,000 |
| Income tax | 533,000 | 973,000 | 1,500,000 | 2,111,000 |
| Net income | 1,848,000 | 3,404,000 | 5,274,000 | 7,356,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 84,418,000 | 85,388,000 | 86,485,000 | 88,070,000 |
| Total capital | 91,554,000 | 92,606,000 | 93,943,000 | 95,449,000 |
| Risk-weighted assets | 655,351,000 | 663,580,000 | 681,380,000 | 703,230,000 |