Call reports 2024
STUDIO BANK — 2024
What STUDIO 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 | 989,460,000 | 1,000,985,000 | 1,012,222,000 | 1,020,018,000 |
| Total loans | 752,069,000 | 772,054,000 | 755,852,000 | 761,156,000 |
| Allowance for loan losses | 8,787,000 | 8,762,000 | 9,023,000 | 9,022,000 |
| Securities available for sale | 118,264,000 | 106,383,000 | 141,497,000 | 134,712,000 |
| Securities held to maturity | 43,303,000 | 42,709,000 | 42,060,000 | 41,468,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 760,953,000 | 787,263,000 | 803,977,000 | 847,499,000 |
| Interest-bearing deposits | 617,744,000 | 617,068,000 | 657,173,000 | 697,594,000 |
| Noninterest-bearing deposits | 143,209,000 | 170,195,000 | 146,804,000 | 149,905,000 |
| Equity capital | 88,479,000 | 90,446,000 | 93,002,000 | 93,955,000 |
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 | 14,394,000 | 29,125,000 | 44,416,000 | 59,544,000 |
| Interest expense | 8,163,000 | 16,277,000 | 24,762,000 | 32,682,000 |
| Net interest income | 6,231,000 | 12,848,000 | 19,654,000 | 26,862,000 |
| Noninterest income | 1,157,000 | 2,284,000 | 3,428,000 | 4,716,000 |
| Noninterest expense | 4,975,000 | 9,926,000 | 14,966,000 | 20,373,000 |
| Provision for loan losses | -100,000 | -120,000 | 155,000 | 327,000 |
| Pretax income | 2,275,000 | 5,262,000 | 7,874,000 | 10,626,000 |
| Income tax | 514,000 | 1,286,000 | 1,929,000 | 2,192,000 |
| Net income | 1,761,000 | 3,976,000 | 5,945,000 | 8,434,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 94,905,000 | 97,120,000 | 97,889,000 | 100,378,000 |
| Total capital | 104,923,000 | 106,939,000 | 107,992,000 | 110,644,000 |
| Risk-weighted assets | 831,750,000 | 845,802,000 | 824,454,000 | 844,399,000 |