Call reports 2024
ZENITH BANK & TRUST — 2024
What ZENITH BANK & TRUST 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 | 66,567,000 | 63,013,000 | 65,513,000 | 91,838,000 |
| Total loans | 8,945,000 | 11,570,000 | 12,179,000 | 25,841,000 |
| Allowance for loan losses | 57,000 | 74,000 | 78,000 | 191,000 |
| Securities available for sale | 0 | 0 | 2,997,000 | 2,994,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,945,000 | 39,466,000 | 41,932,000 | 68,436,000 |
| Interest-bearing deposits | 36,979,000 | 29,874,000 | 31,740,000 | 51,443,000 |
| Noninterest-bearing deposits | 5,966,000 | 9,592,000 | 10,192,000 | 16,993,000 |
| Equity capital | 21,867,000 | 21,843,000 | 21,823,000 | 21,644,000 |
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 | 794,000 | 1,636,000 | 2,524,000 | 3,530,000 |
| Interest expense | 269,000 | 535,000 | 807,000 | 1,158,000 |
| Net interest income | 525,000 | 1,101,000 | 1,717,000 | 2,372,000 |
| Noninterest income | 2,000 | 14,000 | 32,000 | 150,000 |
| Noninterest expense | 487,000 | 1,082,000 | 1,738,000 | 2,565,000 |
| Provision for loan losses | 43,000 | 60,000 | 64,000 | 177,000 |
| Pretax income | -13,000 | -37,000 | -63,000 | -230,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -13,000 | -37,000 | -63,000 | -230,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,867,000 | 21,843,000 | 21,816,000 | 21,649,000 |
| Total capital | 21,934,000 | 21,927,000 | 21,904,000 | 21,850,000 |
| Risk-weighted assets | 7,528,000 | 11,186,000 | 11,795,000 | 23,453,000 |