Call reports 2024
BANK OF CLEVELAND — 2024
What BANK OF CLEVELAND 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 | 359,954,000 | 351,655,000 | 343,223,000 | 355,884,000 |
| Total loans | 263,889,000 | 270,794,000 | 277,925,000 | 286,815,000 |
| Allowance for loan losses | 3,094,000 | 3,094,000 | 3,094,000 | 3,094,000 |
| Securities available for sale | 39,597,000 | 38,969,000 | 37,455,000 | 34,883,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 290,373,000 | 281,351,000 | 275,832,000 | 277,781,000 |
| Interest-bearing deposits | 218,842,000 | 214,841,000 | 207,643,000 | 212,366,000 |
| Noninterest-bearing deposits | 71,531,000 | 66,510,000 | 68,189,000 | 65,415,000 |
| Equity capital | 58,869,000 | 59,932,000 | 61,831,000 | 62,712,000 |
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 | 5,114,000 | 10,152,000 | 15,397,000 | 20,539,000 |
| Interest expense | 1,041,000 | 2,115,000 | 3,232,000 | 4,261,000 |
| Net interest income | 4,073,000 | 8,037,000 | 12,165,000 | 16,278,000 |
| Noninterest income | 545,000 | 1,153,000 | 1,700,000 | 3,249,000 |
| Noninterest expense | 2,270,000 | 4,606,000 | 6,942,000 | 9,206,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,348,000 | 4,584,000 | 6,923,000 | 10,321,000 |
| Income tax | 471,000 | 919,000 | 1,387,000 | 2,079,000 |
| Net income | 1,877,000 | 3,665,000 | 5,536,000 | 8,242,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 63,547,000 | 64,535,000 | 65,456,000 | 67,312,000 |
| Total capital | 66,691,000 | 67,679,000 | 68,600,000 | 70,456,000 |
| Risk-weighted assets | 256,238,000 | 280,250,000 | 286,633,000 | 293,168,000 |