Call reports 2024
SOLUTIONS BANK — 2024
What SOLUTIONS 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 | 521,810,000 | 534,904,000 | 532,827,000 | 491,365,000 |
| Total loans | 252,476,000 | 255,097,000 | 256,855,000 | 258,549,000 |
| Allowance for loan losses | 2,287,000 | 2,288,000 | 2,290,000 | 2,290,000 |
| Securities available for sale | 205,940,000 | 234,183,000 | 224,382,000 | 192,084,000 |
| Securities held to maturity | 5,984,000 | 6,035,000 | 3,349,000 | 3,327,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 390,707,000 | 394,857,000 | 400,983,000 | 382,854,000 |
| Interest-bearing deposits | 332,904,000 | 339,247,000 | 347,516,000 | 323,622,000 |
| Noninterest-bearing deposits | 57,803,000 | 55,610,000 | 53,467,000 | 59,232,000 |
| Equity capital | 22,063,000 | 22,265,000 | 27,996,000 | 21,027,000 |
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 | 5,565,000 | 11,728,000 | 18,079,000 | 24,372,000 |
| Interest expense | 2,837,000 | 6,044,000 | 9,419,000 | 12,532,000 |
| Net interest income | 2,728,000 | 5,684,000 | 8,660,000 | 11,840,000 |
| Noninterest income | 312,000 | 647,000 | 1,014,000 | 1,426,000 |
| Noninterest expense | 2,470,000 | 5,253,000 | 7,938,000 | 10,993,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 561,000 | 1,069,000 | 1,711,000 | 2,243,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 561,000 | 1,069,000 | 1,711,000 | 2,243,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,239,000 | 43,874,000 | 43,707,000 | 43,103,000 |
| Total capital | — | — | 46,197,000 | 45,593,000 |
| Risk-weighted assets | — | — | 360,609,000 | 357,410,000 |