Call reports 2024
AVIDIA BANK — 2024
What AVIDIA 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 | 2,647,182,000 | 2,654,237,000 | 2,673,887,000 | 2,662,177,000 |
| Total loans | 2,147,990,000 | 2,147,271,000 | 2,182,897,000 | 2,200,748,000 |
| Allowance for loan losses | 21,228,000 | 21,196,000 | 21,906,000 | 21,742,000 |
| Securities available for sale | 267,617,000 | 268,251,000 | 277,211,000 | 262,547,000 |
| Securities held to maturity | 16,746,000 | 16,746,000 | 16,746,000 | 16,747,000 |
| Trading assets | 8,773,000 | 9,011,000 | 6,228,000 | 7,774,000 |
| Total deposits | 2,014,889,000 | 2,035,303,000 | 2,054,896,000 | 2,079,844,000 |
| Interest-bearing deposits | 1,617,523,000 | 1,618,373,000 | 1,629,517,000 | 1,711,860,000 |
| Noninterest-bearing deposits | 397,366,000 | 416,930,000 | 425,379,000 | 367,984,000 |
| Equity capital | 206,074,000 | 209,302,000 | 217,222,000 | 216,043,000 |
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 | 29,802,000 | 60,682,000 | 92,218,000 | 123,714,000 |
| Interest expense | 11,537,000 | 23,446,000 | 35,933,000 | 49,193,000 |
| Net interest income | 18,265,000 | 37,236,000 | 56,285,000 | 74,521,000 |
| Noninterest income | 4,437,000 | 8,937,000 | 13,381,000 | 18,234,000 |
| Noninterest expense | 18,348,000 | 37,604,000 | 55,774,000 | 72,620,000 |
| Provision for loan losses | -691,000 | -821,000 | 964,000 | 782,000 |
| Pretax income | 5,087,000 | 8,530,000 | 11,601,000 | 16,806,000 |
| Income tax | 1,214,000 | 2,112,000 | 2,847,000 | 4,211,000 |
| Net income | 3,873,000 | 6,418,000 | 8,754,000 | 12,595,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 217,615,000 | 219,901,000 | 221,978,000 | 225,561,000 |
| Total capital | 240,163,000 | 242,228,000 | 245,385,000 | 248,301,000 |
| Risk-weighted assets | 2,083,155,000 | 2,080,570,000 | 2,102,957,000 | 2,092,382,000 |