Call reports 2024
BANK OF OAK RIDGE — 2024
What BANK OF OAK RIDGE 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 | 629,597,000 | 646,712,000 | 651,300,000 | 661,488,000 |
| Total loans | 477,448,000 | 493,960,000 | 505,521,000 | 512,899,000 |
| Allowance for loan losses | 4,942,000 | 5,230,000 | 5,354,000 | 5,388,000 |
| Securities available for sale | 89,132,000 | 84,341,000 | 83,770,000 | 85,715,000 |
| Securities held to maturity | 18,719,000 | 18,715,000 | 18,700,000 | 18,694,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 504,528,000 | 515,873,000 | 518,111,000 | 539,004,000 |
| Interest-bearing deposits | 405,486,000 | 409,219,000 | 403,911,000 | 419,068,000 |
| Noninterest-bearing deposits | 99,042,000 | 106,654,000 | 114,200,000 | 119,936,000 |
| Equity capital | 68,493,000 | 69,431,000 | 71,733,000 | 71,524,000 |
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 | 8,865,000 | 18,285,000 | 27,996,000 | 37,771,000 |
| Interest expense | 2,960,000 | 6,108,000 | 9,612,000 | 12,902,000 |
| Net interest income | 5,905,000 | 12,177,000 | 18,384,000 | 24,869,000 |
| Noninterest income | 793,000 | 1,556,000 | 2,480,000 | 3,244,000 |
| Noninterest expense | 4,380,000 | 8,996,000 | 13,692,000 | 18,259,000 |
| Provision for loan losses | 236,000 | 514,000 | 754,000 | 1,320,000 |
| Pretax income | 2,054,000 | 4,150,000 | 6,325,000 | 8,513,000 |
| Income tax | 463,000 | 936,000 | 1,441,000 | 1,944,000 |
| Net income | 1,591,000 | 3,214,000 | 4,884,000 | 6,569,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 70,248,000 | 71,195,000 | 72,505,000 | 73,037,000 |