Call reports 2024
ARLO BANK — 2024
What ARLO 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 | 68,179,000 | 68,802,000 | 67,361,000 | 119,077,000 |
| Total loans | 56,127,000 | 53,853,000 | 53,141,000 | 76,047,000 |
| Allowance for loan losses | 515,000 | 515,000 | 515,000 | 1,301,000 |
| Securities available for sale | 6,105,000 | 5,995,000 | 6,069,000 | 5,972,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,591,000 | 49,708,000 | 50,733,000 | 84,798,000 |
| Interest-bearing deposits | 47,151,000 | 47,133,000 | 48,342,000 | 78,278,000 |
| Noninterest-bearing deposits | 3,440,000 | 2,575,000 | 2,391,000 | 6,520,000 |
| Equity capital | 10,523,000 | 10,431,000 | 10,052,000 | 29,445,000 |
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 | 963,000 | 1,970,000 | 2,998,000 | 1,855,000 |
| Interest expense | 525,000 | 1,089,000 | 1,653,000 | 769,000 |
| Net interest income | 438,000 | 881,000 | 1,345,000 | 1,086,000 |
| Noninterest income | 24,000 | 46,000 | 74,000 | 16,000 |
| Noninterest expense | 444,000 | 1,015,000 | 2,124,000 | 848,000 |
| Provision for loan losses | 0 | 0 | 10,000 | 969,000 |
| Pretax income | 18,000 | -88,000 | -705,000 | -731,000 |
| Income tax | 5,000 | -19,000 | -129,000 | -174,000 |
| Net income | 13,000 | -69,000 | -576,000 | -557,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,895,000 | 10,813,000 | 10,306,000 | 23,136,000 |