Call reports 2024
ACADEMY BANK, N.A. — 2024
What ACADEMY BANK, N.A. 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 | 2,647,206,000 | 2,677,086,000 | 2,831,613,000 | 2,925,032,000 |
| Total loans | 2,071,391,000 | 2,047,011,000 | 2,036,586,000 | 2,309,729,000 |
| Allowance for loan losses | 27,035,000 | 27,929,000 | 28,188,000 | 30,218,000 |
| Securities available for sale | 268,270,000 | 260,069,000 | 308,599,000 | 312,697,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,125,422,000 | 2,151,213,000 | 2,294,603,000 | 2,394,313,000 |
| Interest-bearing deposits | 1,707,626,000 | 1,763,943,000 | 1,887,091,000 | 1,957,326,000 |
| Noninterest-bearing deposits | 417,796,000 | 387,270,000 | 407,512,000 | 436,987,000 |
| Equity capital | 397,599,000 | 402,124,000 | 412,265,000 | 407,145,000 |
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 | 36,285,000 | 74,068,000 | 113,073,000 | 154,340,000 |
| Interest expense | 16,104,000 | 32,730,000 | 50,771,000 | 70,112,000 |
| Net interest income | 20,181,000 | 41,338,000 | 62,302,000 | 84,228,000 |
| Noninterest income | 10,659,000 | 21,559,000 | 32,840,000 | 43,490,000 |
| Noninterest expense | 23,226,000 | 46,495,000 | 70,522,000 | 94,513,000 |
| Provision for loan losses | 750,000 | 2,350,000 | 3,150,000 | 5,150,000 |
| Pretax income | 6,831,000 | 14,594,000 | 22,155,000 | 28,987,000 |
| Income tax | 1,627,000 | 3,462,000 | 5,246,000 | 6,861,000 |
| Net income | 5,204,000 | 11,132,000 | 16,909,000 | 22,126,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 413,980,000 | 417,586,000 | 421,042,000 | 416,058,000 |
| Total capital | 443,101,000 | 446,393,000 | 449,891,000 | 448,056,000 |
| Risk-weighted assets | 2,328,650,000 | 2,302,875,000 | 2,305,981,000 | 2,559,446,000 |