Call reports 2024
CREDIT FIRST NATIONAL ASSOCIATION — 2024
What CREDIT FIRST NATIONAL ASSOCIATION 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 | 40,501,000 | 39,929,000 | 38,445,000 | 38,008,000 |
| Total loans | 0 | 0 | 0 | 0 |
| Allowance for loan losses | 0 | 0 | 0 | 0 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 500,000 | 500,000 | 500,000 | 500,000 |
| Interest-bearing deposits | 500,000 | 500,000 | 500,000 | 500,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 38,095,000 | 37,470,000 | 37,006,000 | 36,569,000 |
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 | 0 | 2,000 | 2,000 | 4,000 |
| Interest expense | 5,000 | 10,000 | 16,000 | 21,000 |
| Net interest income | -5,000 | -8,000 | -14,000 | -17,000 |
| Noninterest income | 14,553,000 | 29,365,000 | 45,116,000 | 59,854,000 |
| Noninterest expense | 12,199,000 | 23,957,000 | 35,808,000 | 47,237,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,349,000 | 5,400,000 | 9,294,000 | 12,600,000 |
| Income tax | 529,000 | 1,205,000 | 2,063,000 | 2,806,000 |
| Net income | 1,820,000 | 4,195,000 | 7,231,000 | 9,794,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,095,000 | 37,470,000 | 37,006,000 | 36,569,000 |
| Total capital | 38,095,000 | 37,470,000 | 37,006,000 | 36,569,000 |
| Risk-weighted assets | 9,765,000 | 10,193,000 | 8,509,000 | 8,873,000 |