Call reports 2024
ALBANY BANK & TRUST CO., NATIONAL ASSOCIATION — 2024
What ALBANY BANK & TRUST CO., NATIONAL ASSOCIATION 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 | 708,541,000 | 710,635,000 | 704,265,000 | 711,782,000 |
| Total loans | 574,703,000 | 573,762,000 | 572,464,000 | 580,656,000 |
| Allowance for loan losses | 5,062,000 | 5,182,000 | 5,148,000 | 5,268,000 |
| Securities available for sale | 34,821,000 | 36,639,000 | 39,682,000 | 34,776,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 587,767,000 | 588,547,000 | 579,682,000 | 587,771,000 |
| Interest-bearing deposits | 457,099,000 | 447,182,000 | 447,155,000 | 447,994,000 |
| Noninterest-bearing deposits | 130,668,000 | 141,365,000 | 132,527,000 | 139,777,000 |
| Equity capital | 115,646,000 | 116,603,000 | 117,905,000 | 118,778,000 |
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 | 8,445,000 | 16,877,000 | 25,500,000 | 34,222,000 |
| Interest expense | 3,399,000 | 6,738,000 | 10,146,000 | 13,531,000 |
| Net interest income | 5,046,000 | 10,139,000 | 15,354,000 | 20,691,000 |
| Noninterest income | 189,000 | 391,000 | 595,000 | 815,000 |
| Noninterest expense | 3,517,000 | 6,676,000 | 9,761,000 | 12,260,000 |
| Provision for loan losses | 40,000 | 160,000 | 280,000 | 400,000 |
| Pretax income | 1,663,000 | 3,634,000 | 5,803,000 | 8,696,000 |
| Income tax | 500,000 | 1,140,000 | 1,905,000 | 2,465,000 |
| Net income | 1,163,000 | 2,494,000 | 3,898,000 | 6,231,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 115,242,000 | 116,123,000 | 117,076,000 | 117,977,000 |