Call reports 2024
MOUNTAIN COMMERCE BANK — 2024
What MOUNTAIN COMMERCE 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 | 1,802,316,000 | 1,789,530,000 | 1,770,097,000 | 1,744,714,000 |
| Total loans | 1,455,342,000 | 1,472,130,000 | 1,472,498,000 | 1,463,107,000 |
| Allowance for loan losses | 12,553,000 | 12,289,000 | 11,120,000 | 11,550,000 |
| Securities available for sale | 120,295,000 | 117,048,000 | 117,867,000 | 112,960,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,595,850,000 | 1,561,036,000 | 1,558,154,000 | 1,532,987,000 |
| Interest-bearing deposits | 1,338,639,000 | 1,267,597,000 | 1,281,086,000 | 1,276,934,000 |
| Noninterest-bearing deposits | 257,211,000 | 293,439,000 | 277,068,000 | 256,053,000 |
| Equity capital | 146,875,000 | 148,399,000 | 152,647,000 | 149,691,000 |
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 | 22,524,000 | 45,341,000 | 68,824,000 | 92,086,000 |
| Interest expense | 15,518,000 | 29,972,000 | 44,692,000 | 58,454,000 |
| Net interest income | 7,006,000 | 15,369,000 | 24,132,000 | 33,632,000 |
| Noninterest income | 725,000 | 1,412,000 | 2,065,000 | 2,704,000 |
| Noninterest expense | 5,778,000 | 11,755,000 | 18,227,000 | 24,412,000 |
| Provision for loan losses | -711,000 | -988,000 | -2,172,000 | -1,731,000 |
| Pretax income | 2,479,000 | 6,036,000 | 10,319,000 | 13,735,000 |
| Income tax | 527,000 | 1,309,000 | 2,103,000 | 3,181,000 |
| Net income | 1,952,000 | 4,727,000 | 8,216,000 | 10,554,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 163,150,000 | 164,707,000 | 165,474,000 | 164,795,000 |
| Total capital | 176,808,000 | 177,880,000 | 177,380,000 | 177,170,000 |
| Risk-weighted assets | 1,459,016,000 | 1,457,406,000 | 1,441,423,000 | 1,441,038,000 |