Call reports 2024
TRUSTCO BANK — 2024
What TRUSTCO 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 | 6,178,646,000 | 6,106,289,000 | 6,108,806,000 | 6,239,398,000 |
| Total loans | 5,006,628,000 | 5,038,993,000 | 5,071,550,000 | 5,098,752,000 |
| Allowance for loan losses | 49,220,000 | 49,772,000 | 49,950,000 | 50,248,000 |
| Securities available for sale | 426,197,000 | 395,132,000 | 383,600,000 | 358,135,000 |
| Securities held to maturity | 6,206,000 | 5,922,000 | 5,636,000 | 5,364,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,355,182,000 | 5,276,981,000 | 5,264,205,000 | 5,390,997,000 |
| Interest-bearing deposits | 4,612,187,000 | 4,531,708,000 | 4,510,550,000 | 4,628,629,000 |
| Noninterest-bearing deposits | 742,995,000 | 745,273,000 | 753,655,000 | 762,368,000 |
| Equity capital | 626,079,000 | 631,062,000 | 643,435,000 | 649,361,000 |
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 | 59,753,000 | 120,338,000 | 181,407,000 | 243,316,000 |
| Interest expense | 23,234,000 | 46,089,000 | 68,546,000 | 91,619,000 |
| Net interest income | 36,519,000 | 74,249,000 | 112,861,000 | 151,697,000 |
| Noninterest income | 5,137,000 | 11,057,000 | 14,903,000 | 19,923,000 |
| Noninterest expense | 24,909,000 | 51,222,000 | 77,436,000 | 105,926,000 |
| Provision for loan losses | 600,000 | 1,100,000 | 1,500,000 | 1,900,000 |
| Pretax income | 16,147,000 | 32,984,000 | 50,111,000 | 65,077,000 |
| Income tax | 3,840,000 | 7,845,000 | 11,918,000 | 15,441,000 |
| Net income | 12,307,000 | 25,139,000 | 38,193,000 | 49,636,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 640,288,000 | 644,776,000 | 649,482,000 | 652,668,000 |
| Total capital | 683,632,000 | 688,381,000 | 693,354,000 | 696,767,000 |
| Risk-weighted assets | 3,460,000,000 | 3,480,571,000 | 3,501,941,000 | 3,519,990,000 |