Call reports 2024
ASCENT BANK — 2024
What ASCENT 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 | 95,310,000 | 96,581,000 | 107,492,000 | 105,290,000 |
| Total loans | 74,008,000 | 75,674,000 | 80,184,000 | 79,330,000 |
| Allowance for loan losses | 1,003,000 | 1,075,000 | 1,140,000 | 1,206,000 |
| Securities available for sale | 13,412,000 | 13,178,000 | 12,318,000 | 10,808,000 |
| Securities held to maturity | 840,000 | 840,000 | 840,000 | 840,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,460,000 | 85,663,000 | 95,786,000 | 93,787,000 |
| Interest-bearing deposits | 65,270,000 | 66,809,000 | 72,609,000 | 74,213,000 |
| Noninterest-bearing deposits | 20,190,000 | 18,854,000 | 23,177,000 | 19,574,000 |
| Equity capital | 7,455,000 | 8,636,000 | 9,172,000 | 9,284,000 |
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 | 1,258,000 | 2,603,000 | 4,045,000 | 5,644,000 |
| Interest expense | 423,000 | 881,000 | 1,372,000 | 1,880,000 |
| Net interest income | 835,000 | 1,722,000 | 2,673,000 | 3,764,000 |
| Noninterest income | 23,000 | 50,000 | 99,000 | 119,000 |
| Noninterest expense | 654,000 | 1,269,000 | 1,892,000 | 2,516,000 |
| Provision for loan losses | 52,000 | 124,000 | 189,000 | 254,000 |
| Pretax income | 152,000 | 379,000 | 691,000 | 1,113,000 |
| Income tax | 38,000 | 100,000 | 181,000 | 297,000 |
| Net income | 114,000 | 279,000 | 510,000 | 816,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,670,000 | 8,835,000 | 9,067,000 | 9,372,000 |
| Total capital | 8,531,000 | 9,702,000 | 10,004,000 | 10,274,000 |
| Risk-weighted assets | 68,776,000 | 69,160,000 | 74,765,000 | 71,770,000 |