Call reports 2024
TRANSACT BANK, NATIONAL ASSOCIATION — 2024
What TRANSACT 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 | 7,383,000 | 6,782,000 | 6,540,000 | 6,539,000 |
| Total loans | 2,496,000 | 2,472,000 | 2,447,000 | 2,421,000 |
| Allowance for loan losses | 0 | 0 | 0 | 0 |
| Securities available for sale | 519,000 | 490,000 | 487,000 | 463,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,107,000 | 5,004,000 | 4,805,000 | 5,206,000 |
| Interest-bearing deposits | 994,000 | 1,315,000 | 1,620,000 | 2,951,000 |
| Noninterest-bearing deposits | 4,113,000 | 3,689,000 | 3,185,000 | 2,255,000 |
| Equity capital | 910,000 | 687,000 | 459,000 | 1,089,000 |
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 | 97,000 | 162,000 | 231,000 | 291,000 |
| Interest expense | 21,000 | 36,000 | 59,000 | 87,000 |
| Net interest income | 76,000 | 126,000 | 172,000 | 204,000 |
| Noninterest income | 95,000 | 205,000 | 297,000 | 1,166,000 |
| Noninterest expense | 590,000 | 1,079,000 | 1,587,000 | 2,101,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -419,000 | -748,000 | -1,118,000 | -731,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -419,000 | -748,000 | -1,118,000 | -731,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 942,000 | 719,000 | 478,000 | 1,116,000 |
| Total capital | 942,000 | 719,000 | 478,000 | 1,116,000 |
| Risk-weighted assets | 2,816,000 | 2,536,000 | 2,530,000 | 2,581,000 |