Call reports 2024
SOUTHWEST NATIONAL BANK — 2024
What SOUTHWEST NATIONAL 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 | 569,477,000 | 548,611,000 | 547,902,000 | 535,287,000 |
| Total loans | 495,051,000 | 483,075,000 | 467,512,000 | 462,563,000 |
| Allowance for loan losses | 5,200,000 | 4,982,000 | 4,571,000 | 4,320,000 |
| Securities available for sale | 31,182,000 | 30,666,000 | 31,220,000 | 30,117,000 |
| Securities held to maturity | 4,575,000 | 4,566,000 | 4,564,000 | 4,486,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 474,809,000 | 456,837,000 | 460,308,000 | 448,445,000 |
| Interest-bearing deposits | 378,832,000 | 361,863,000 | 365,605,000 | 359,923,000 |
| Noninterest-bearing deposits | 95,977,000 | 94,974,000 | 94,703,000 | 88,522,000 |
| Equity capital | 49,109,000 | 49,129,000 | 49,925,000 | 49,467,000 |
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 | 8,030,000 | 16,043,000 | 23,946,000 | 32,080,000 |
| Interest expense | 3,204,000 | 6,365,000 | 9,555,000 | 12,550,000 |
| Net interest income | 4,826,000 | 9,678,000 | 14,391,000 | 19,530,000 |
| Noninterest income | 863,000 | 1,774,000 | 2,595,000 | 3,445,000 |
| Noninterest expense | 4,413,000 | 8,724,000 | 12,954,000 | 17,294,000 |
| Provision for loan losses | 228,000 | 369,000 | 522,000 | 683,000 |
| Pretax income | 1,049,000 | 2,364,000 | 3,516,000 | 5,006,000 |
| Income tax | 45,000 | 80,000 | 127,000 | 188,000 |
| Net income | 1,004,000 | 2,284,000 | 3,389,000 | 4,818,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 52,053,000 | 52,233,000 | 52,063,000 | 52,391,000 |