Call reports 2024
FOUNTAIN TRUST COMPANY, THE — 2024
What FOUNTAIN TRUST COMPANY, THE 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 | 701,344,000 | 645,643,000 | 666,458,000 | 670,246,000 |
| Total loans | 351,850,000 | 349,512,000 | 356,158,000 | 356,325,000 |
| Allowance for loan losses | 5,387,000 | 5,249,000 | 5,249,000 | 5,749,000 |
| Securities available for sale | 262,297,000 | 244,231,000 | 239,151,000 | 226,491,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 583,556,000 | 586,184,000 | 600,905,000 | 610,939,000 |
| Interest-bearing deposits | 418,413,000 | 440,815,000 | 446,011,000 | 453,456,000 |
| Noninterest-bearing deposits | 165,143,000 | 145,369,000 | 154,894,000 | 157,483,000 |
| Equity capital | 55,239,000 | 56,875,000 | 62,534,000 | 56,035,000 |
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 | 8,020,000 | 18,912,000 | 26,905,000 | 35,356,000 |
| Interest expense | 2,778,000 | 5,560,000 | 7,975,000 | 10,389,000 |
| Net interest income | 5,242,000 | 13,352,000 | 18,930,000 | 24,967,000 |
| Noninterest income | 924,000 | 2,088,000 | 3,546,000 | 4,715,000 |
| Noninterest expense | 4,717,000 | 10,323,000 | 14,816,000 | 19,597,000 |
| Provision for loan losses | 87,000 | 73,000 | 47,000 | 411,000 |
| Pretax income | 1,362,000 | 5,044,000 | 7,725,000 | 9,786,000 |
| Income tax | 279,000 | 1,263,000 | 1,809,000 | 2,248,000 |
| Net income | 1,083,000 | 3,781,000 | 5,916,000 | 7,538,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 65,865,000 | 68,337,000 | 70,188,000 | 66,415,000 |
| Total capital | 70,789,000 | 73,226,000 | 75,135,000 | 71,351,000 |
| Risk-weighted assets | 393,425,000 | 390,746,000 | 395,445,000 | 394,050,000 |