Call reports 2024
FFB BANK — 2024
What FFB 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 | 1,393,059,000 | 1,441,532,000 | 1,509,902,000 | 1,504,131,000 |
| Total loans | 922,600,000 | 965,658,000 | 993,658,000 | 1,066,877,000 |
| Allowance for loan losses | 10,407,000 | 10,749,000 | 11,491,000 | 11,834,000 |
| Securities available for sale | 325,814,000 | 342,489,000 | 342,434,000 | 319,275,000 |
| Securities held to maturity | 3,093,000 | 3,001,000 | 2,992,000 | 2,910,000 |
| Trading assets | 20,000 | 18,000 | 19,000 | 20,000 |
| Total deposits | 1,202,451,000 | 1,169,967,000 | 1,289,137,000 | 1,285,715,000 |
| Interest-bearing deposits | 448,893,000 | 437,928,000 | 460,240,000 | 455,869,000 |
| Noninterest-bearing deposits | 753,558,000 | 732,039,000 | 828,897,000 | 829,846,000 |
| Equity capital | 175,035,000 | 185,335,000 | 197,685,000 | 202,809,000 |
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 | 19,267,000 | 40,156,000 | 61,559,000 | 83,963,000 |
| Interest expense | 2,666,000 | 5,784,000 | 8,937,000 | 12,063,000 |
| Net interest income | 16,601,000 | 34,372,000 | 52,622,000 | 71,900,000 |
| Noninterest income | 7,846,000 | 15,730,000 | 23,330,000 | 33,246,000 |
| Noninterest expense | 12,672,000 | 25,890,000 | 38,581,000 | 51,811,000 |
| Provision for loan losses | 436,000 | 747,000 | 1,489,000 | 3,119,000 |
| Pretax income | 11,024,000 | 22,709,000 | 35,122,000 | 48,932,000 |
| Income tax | 2,885,000 | 6,117,000 | 9,607,000 | 13,332,000 |
| Net income | 8,139,000 | 16,592,000 | 25,515,000 | 35,600,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 195,009,000 | 203,982,000 | 210,400,000 | 220,991,000 |
| Total capital | 205,755,000 | 215,050,000 | 222,231,000 | 233,205,000 |
| Risk-weighted assets | 989,358,000 | 1,036,960,000 | 1,053,573,000 | 1,118,872,000 |