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Call reports 2024

PRESENCE BANK — 2024

What PRESENCE BANK reported to the FFIEC in 2024, quarter by quarter.

PERIOD: 2024SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/2c62626e-faa5-4f75-afda-d6a24e05fcd6/2024

Balance sheet

What the bank holds and owes at quarter end

Measure2024Q12024Q22024Q32024Q4
Total assets445,420,000444,888,000448,854,000447,130,000
Total loans337,753,000344,499,000348,553,000349,169,000
Allowance for loan losses4,465,0004,500,0004,430,0004,356,000
Securities available for sale32,138,00036,068,00036,381,00050,296,000
Securities held to maturity0000
Trading assets0000
Total deposits348,389,000346,960,000354,795,000354,196,000
Interest-bearing deposits324,436,000321,797,000328,951,000327,779,000
Noninterest-bearing deposits23,953,00025,163,00025,844,00026,417,000
Equity capital39,325,00039,977,00041,259,00042,239,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2024Q12024Q22024Q32024Q4
Interest income5,541,00011,412,00017,373,00023,263,000
Interest expense2,982,0006,127,0009,312,00012,479,000
Net interest income2,559,0005,285,0008,061,00010,784,000
Noninterest income194,000389,000634,0001,319,000
Noninterest expense2,316,0004,600,0006,962,0009,340,000
Provision for loan losses-44,000-14,00025,00052,000
Pretax income513,0001,129,0001,783,0002,792,000
Income tax110,000243,000383,000590,000
Net income403,000886,0001,400,0002,202,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2024Q12024Q22024Q32024Q4
Tier 1 capital40,645,00041,127,00041,642,00042,614,000
Total capital44,591,00045,178,00045,842,00046,961,000
Risk-weighted assets315,110,000323,611,000335,795,000347,749,000