Call reports 2024
NANTAHALA BANK & TRUST COMPANY — 2024
What NANTAHALA BANK & TRUST COMPANY 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 | 283,219,000 | 281,010,000 | 282,188,000 | 265,918,000 |
| Total loans | 183,366,000 | 184,085,000 | 187,773,000 | 188,487,000 |
| Allowance for loan losses | 1,951,000 | 1,978,000 | 2,012,000 | 2,020,000 |
| Securities available for sale | 22,907,000 | 18,454,000 | 9,890,000 | 9,412,000 |
| Securities held to maturity | 53,855,000 | 53,823,000 | 43,740,000 | 42,287,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 249,785,000 | 250,576,000 | 259,997,000 | 243,231,000 |
| Interest-bearing deposits | 182,856,000 | 177,574,000 | 180,106,000 | 167,977,000 |
| Noninterest-bearing deposits | 66,929,000 | 73,002,000 | 79,891,000 | 75,254,000 |
| Equity capital | 20,031,000 | 20,535,000 | 21,305,000 | 21,697,000 |
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 | 3,162,000 | 6,518,000 | 9,915,000 | 13,386,000 |
| Interest expense | 1,311,000 | 2,610,000 | 3,725,000 | 4,716,000 |
| Net interest income | 1,851,000 | 3,908,000 | 6,190,000 | 8,670,000 |
| Noninterest income | 338,000 | 691,000 | 1,016,000 | 1,329,000 |
| Noninterest expense | 1,964,000 | 3,901,000 | 5,937,000 | 7,830,000 |
| Provision for loan losses | 0 | 3,000 | 42,000 | 45,000 |
| Pretax income | 283,000 | 764,000 | 1,320,000 | 2,223,000 |
| Income tax | 66,000 | 177,000 | 306,000 | 519,000 |
| Net income | 217,000 | 587,000 | 1,014,000 | 1,704,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,792,000 | 18,274,000 | 18,829,000 | 19,733,000 |
| Total capital | 19,850,000 | 20,348,000 | 20,913,000 | 21,819,000 |
| Risk-weighted assets | 169,432,000 | 173,164,000 | 174,206,000 | 172,474,000 |