Call reports 2024
BANK OF THE MOUNTAINS, INC. — 2024
What BANK OF THE MOUNTAINS, INC. 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 | 88,730,000 | 89,955,000 | 89,751,000 | 92,703,000 |
| Total loans | 59,553,000 | 60,809,000 | 61,646,000 | 61,986,000 |
| Allowance for loan losses | 797,000 | 791,000 | 806,000 | 927,000 |
| Securities available for sale | 8,880,000 | 8,904,000 | 9,743,000 | 9,645,000 |
| Securities held to maturity | 1,000,000 | 1,000,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,028,000 | 79,221,000 | 78,806,000 | 81,734,000 |
| Interest-bearing deposits | 48,394,000 | 48,950,000 | 50,442,000 | 52,630,000 |
| Noninterest-bearing deposits | 29,634,000 | 30,271,000 | 28,364,000 | 29,104,000 |
| Equity capital | 8,751,000 | 8,688,000 | 8,832,000 | 9,025,000 |
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 | 1,104,000 | 2,257,000 | 3,467,000 | 4,736,000 |
| Interest expense | 162,000 | 341,000 | 539,000 | 758,000 |
| Net interest income | 942,000 | 1,916,000 | 2,928,000 | 3,978,000 |
| Noninterest income | 194,000 | 330,000 | 497,000 | 734,000 |
| Noninterest expense | 873,000 | 1,703,000 | 2,608,000 | 3,445,000 |
| Provision for loan losses | 0 | 0 | 45,000 | 195,000 |
| Pretax income | 263,000 | 543,000 | 772,000 | 1,072,000 |
| Income tax | 56,000 | 142,000 | 191,000 | 265,000 |
| Net income | 207,000 | 401,000 | 581,000 | 807,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,941,000 | 8,541,000 | 8,885,000 | 9,111,000 |
| Total capital | 9,737,000 | 9,320,000 | 9,676,000 | 9,909,000 |
| Risk-weighted assets | 63,751,000 | 62,348,000 | 63,309,000 | 63,730,000 |