Call reports 2024
FLORENCE BANK — 2024
What FLORENCE 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 | 2,118,293,000 | 2,119,398,000 | 2,135,011,000 | 1,961,307,000 |
| Total loans | 1,151,298,000 | 1,164,602,000 | 1,170,705,000 | 1,188,947,000 |
| Allowance for loan losses | 6,813,000 | 6,856,000 | 6,755,000 | 6,975,000 |
| Securities available for sale | 308,779,000 | 307,703,000 | 315,509,000 | 302,904,000 |
| Securities held to maturity | 330,576,000 | 328,457,000 | 324,129,000 | 303,255,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,658,226,000 | 1,652,538,000 | 1,651,398,000 | 1,693,966,000 |
| Interest-bearing deposits | 1,217,902,000 | 1,209,321,000 | 1,216,518,000 | 1,246,527,000 |
| Noninterest-bearing deposits | 440,324,000 | 443,217,000 | 434,880,000 | 447,439,000 |
| Equity capital | 174,899,000 | 177,588,000 | 190,475,000 | 183,515,000 |
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 | 18,902,000 | 38,577,000 | 58,873,000 | 77,912,000 |
| Interest expense | 7,919,000 | 16,512,000 | 25,548,000 | 33,178,000 |
| Net interest income | 10,983,000 | 22,065,000 | 33,325,000 | 44,734,000 |
| Noninterest income | 1,821,000 | 3,707,000 | 5,752,000 | 7,742,000 |
| Noninterest expense | 9,097,000 | 18,477,000 | 27,800,000 | 38,371,000 |
| Provision for loan losses | 77,000 | 155,000 | 88,000 | 337,000 |
| Pretax income | 3,677,000 | 7,235,000 | 11,250,000 | 13,999,000 |
| Income tax | 807,000 | 1,505,000 | 2,440,000 | 3,099,000 |
| Net income | 2,870,000 | 5,730,000 | 8,810,000 | 10,900,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 221,411,000 | 224,271,000 | 227,351,000 | 229,441,000 |