Call reports 2024
TRICENTURY BANK — 2024
What TRICENTURY 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 | 158,513,000 | 170,301,000 | 167,877,000 | 173,110,000 |
| Total loans | 114,069,000 | 123,420,000 | 134,949,000 | 140,329,000 |
| Allowance for loan losses | 1,413,000 | 1,413,000 | 1,443,000 | 1,473,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 6,139,000 | 6,023,000 | 4,131,000 | 3,069,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 92,770,000 | 94,017,000 | 90,682,000 | 96,175,000 |
| Interest-bearing deposits | 75,736,000 | 76,922,000 | 71,771,000 | 77,804,000 |
| Noninterest-bearing deposits | 17,034,000 | 17,095,000 | 18,911,000 | 18,371,000 |
| Equity capital | 18,274,000 | 18,959,000 | 19,630,000 | 19,751,000 |
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 | 2,340,000 | 4,967,000 | 7,653,000 | 10,346,000 |
| Interest expense | 928,000 | 1,954,000 | 3,015,000 | 4,095,000 |
| Net interest income | 1,412,000 | 3,013,000 | 4,638,000 | 6,251,000 |
| Noninterest income | 55,000 | 114,000 | 166,000 | 213,000 |
| Noninterest expense | 700,000 | 1,412,000 | 2,169,000 | 2,984,000 |
| Provision for loan losses | 0 | 0 | 30,000 | 60,000 |
| Pretax income | 768,000 | 1,720,000 | 2,605,000 | 3,428,000 |
| Income tax | 187,000 | 454,000 | 668,000 | 870,000 |
| Net income | 581,000 | 1,266,000 | 1,937,000 | 2,558,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,250,000 | 18,957,000 | 19,629,000 | 19,751,000 |