Call reports 2024
CLASSIC BANK, NATIONAL ASSOCIATION — 2024
What CLASSIC BANK, NATIONAL ASSOCIATION 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 | 704,886,000 | 686,216,000 | 682,465,000 | 706,310,000 |
| Total loans | 576,727,000 | 564,303,000 | 558,827,000 | 576,201,000 |
| Allowance for loan losses | 6,121,000 | 5,980,000 | 5,939,000 | 5,916,000 |
| Securities available for sale | 69,830,000 | 71,141,000 | 78,988,000 | 79,070,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 617,281,000 | 597,973,000 | 593,290,000 | 628,140,000 |
| Interest-bearing deposits | 485,502,000 | 457,398,000 | 455,404,000 | 501,894,000 |
| Noninterest-bearing deposits | 131,779,000 | 140,575,000 | 137,886,000 | 126,246,000 |
| Equity capital | 58,868,000 | 59,197,000 | 62,615,000 | 62,533,000 |
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 | 9,246,000 | 18,378,000 | 27,649,000 | 37,011,000 |
| Interest expense | 4,591,000 | 8,904,000 | 12,939,000 | 16,959,000 |
| Net interest income | 4,655,000 | 9,474,000 | 14,710,000 | 20,052,000 |
| Noninterest income | 1,401,000 | 2,585,000 | 4,059,000 | 5,085,000 |
| Noninterest expense | 4,269,000 | 8,511,000 | 12,488,000 | 16,292,000 |
| Provision for loan losses | 125,000 | 167,000 | 167,000 | 167,000 |
| Pretax income | 1,680,000 | 3,346,000 | 6,079,000 | 8,643,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,680,000 | 3,346,000 | 6,079,000 | 8,643,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 63,065,000 | 63,959,000 | 66,295,000 | 68,008,000 |
| Total capital | 69,765,000 | 70,496,000 | 72,771,000 | 74,653,000 |
| Risk-weighted assets | 535,987,000 | 522,770,000 | 517,839,000 | 531,560,000 |