Call reports 2024
FLAGSHIP BANK — 2024
What FLAGSHIP 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 | 651,785,000 | 658,997,000 | 659,453,000 | 652,253,000 |
| Total loans | 508,842,000 | 510,918,000 | 516,793,000 | 525,208,000 |
| Allowance for loan losses | 4,820,000 | 4,918,000 | 4,994,000 | 5,127,000 |
| Securities available for sale | 33,530,000 | 25,778,000 | 20,961,000 | 10,992,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 568,588,000 | 574,559,000 | 567,653,000 | 558,273,000 |
| Interest-bearing deposits | 365,770,000 | 384,095,000 | 376,547,000 | 377,676,000 |
| Noninterest-bearing deposits | 202,818,000 | 190,464,000 | 191,106,000 | 180,597,000 |
| Equity capital | 79,963,000 | 81,427,000 | 83,214,000 | 84,799,000 |
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 | 8,513,000 | 17,345,000 | 26,430,000 | 35,262,000 |
| Interest expense | 3,661,000 | 7,120,000 | 10,640,000 | 13,816,000 |
| Net interest income | 4,852,000 | 10,225,000 | 15,790,000 | 21,446,000 |
| Noninterest income | 281,000 | 555,000 | 822,000 | 1,115,000 |
| Noninterest expense | 3,601,000 | 7,332,000 | 10,865,000 | 14,658,000 |
| Provision for loan losses | 200,000 | 298,000 | 374,000 | 554,000 |
| Pretax income | 1,332,000 | 3,133,000 | 5,343,000 | 7,322,000 |
| Income tax | 305,000 | 735,000 | 1,305,000 | 1,701,000 |
| Net income | 1,027,000 | 2,398,000 | 4,038,000 | 5,621,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 70,598,000 | 72,028,000 | 73,724,000 | 75,361,000 |