Call reports 2024
AXIOM BANK, NATIONAL ASSOCIATION — 2024
What AXIOM BANK, 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 | 873,749,000 | 852,029,000 | 815,136,000 | 870,746,000 |
| Total loans | 582,765,000 | 589,600,000 | 597,914,000 | 574,347,000 |
| Allowance for loan losses | 8,201,000 | 7,602,000 | 7,602,000 | 8,130,000 |
| Securities available for sale | 58,002,000 | 58,071,000 | 59,126,000 | 107,575,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 752,466,000 | 753,065,000 | 713,217,000 | 770,179,000 |
| Interest-bearing deposits | 479,328,000 | 449,887,000 | 425,923,000 | 464,605,000 |
| Noninterest-bearing deposits | 273,138,000 | 303,178,000 | 287,294,000 | 305,574,000 |
| Equity capital | 89,318,000 | 91,178,000 | 92,724,000 | 91,774,000 |
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 | 13,179,000 | 27,118,000 | 40,795,000 | 54,027,000 |
| Interest expense | 4,500,000 | 8,924,000 | 13,373,000 | 17,768,000 |
| Net interest income | 8,679,000 | 18,194,000 | 27,422,000 | 36,259,000 |
| Noninterest income | 2,474,000 | 4,772,000 | 7,205,000 | 9,431,000 |
| Noninterest expense | 8,900,000 | 18,369,000 | 28,828,000 | 40,047,000 |
| Provision for loan losses | 1,419,000 | 929,000 | 969,000 | 1,488,000 |
| Pretax income | 826,000 | 3,411,000 | 4,432,000 | 3,792,000 |
| Income tax | 201,000 | 929,000 | 1,187,000 | 1,080,000 |
| Net income | 625,000 | 2,482,000 | 3,245,000 | 2,712,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 88,726,000 | 90,623,000 | 91,425,000 | 90,933,000 |
| Total capital | 96,901,000 | 98,802,000 | 99,746,000 | 99,138,000 |
| Risk-weighted assets | 653,625,000 | 677,521,000 | 681,765,000 | 656,035,000 |