Call reports 2024
HANOVER COMMUNITY BANK — 2024
What HANOVER COMMUNITY 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 | 2,306,539,000 | 2,329,916,000 | 2,326,680,000 | 2,310,919,000 |
| Total loans | 2,013,156,000 | 2,024,569,000 | 2,022,534,000 | 1,997,928,000 |
| Allowance for loan losses | 19,873,000 | 23,644,000 | 23,406,000 | 22,779,000 |
| Securities available for sale | 92,709,000 | 98,813,000 | 98,359,000 | 83,755,000 |
| Securities held to maturity | 3,973,000 | 3,902,000 | 3,828,000 | 3,758,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,917,860,000 | 1,942,654,000 | 1,958,991,000 | 1,955,066,000 |
| Interest-bearing deposits | 1,714,328,000 | 1,742,094,000 | 1,751,217,000 | 1,742,627,000 |
| Noninterest-bearing deposits | 203,532,000 | 200,560,000 | 207,774,000 | 212,439,000 |
| Equity capital | 213,271,000 | 213,180,000 | 215,048,000 | 219,674,000 |
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 | 32,432,000 | 65,852,000 | 99,965,000 | 133,022,000 |
| Interest expense | 19,171,000 | 39,018,000 | 59,703,000 | 78,626,000 |
| Net interest income | 13,261,000 | 26,834,000 | 40,262,000 | 54,396,000 |
| Noninterest income | 3,576,000 | 7,194,000 | 11,147,000 | 15,308,000 |
| Noninterest expense | 10,783,000 | 22,420,000 | 34,615,000 | 46,981,000 |
| Provision for loan losses | 300,000 | 4,150,000 | 4,350,000 | 4,750,000 |
| Pretax income | 5,754,000 | 7,272,000 | 12,258,000 | 17,814,000 |
| Income tax | 1,405,000 | 1,781,000 | 2,923,000 | 4,277,000 |
| Net income | 4,349,000 | 5,491,000 | 9,335,000 | 13,537,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 195,889,000 | 195,703,000 | 198,196,000 | 201,743,000 |
| Total capital | 214,002,000 | 217,637,000 | 217,299,000 | 220,696,000 |
| Risk-weighted assets | 1,508,444,000 | 1,531,353,000 | 1,525,683,000 | 1,514,086,000 |