Call reports 2024
VICTORY BANK — 2024
What VICTORY 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 | 138,331,000 | 148,986,000 | 167,262,000 | 180,512,000 |
| Total loans | 56,067,000 | 60,280,000 | 68,344,000 | 70,305,000 |
| Allowance for loan losses | 654,000 | 700,000 | 780,000 | 792,000 |
| Securities available for sale | 38,845,000 | 43,588,000 | 45,105,000 | 49,439,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 107,472,000 | 118,259,000 | 135,319,000 | 149,362,000 |
| Interest-bearing deposits | 63,375,000 | 70,115,000 | 77,833,000 | 98,633,000 |
| Noninterest-bearing deposits | 44,097,000 | 48,144,000 | 57,486,000 | 50,729,000 |
| Equity capital | 29,856,000 | 29,912,000 | 30,887,000 | 30,081,000 |
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 | 1,902,000 | 4,037,000 | 6,506,000 | 9,060,000 |
| Interest expense | 306,000 | 764,000 | 1,339,000 | 2,054,000 |
| Net interest income | 1,596,000 | 3,273,000 | 5,167,000 | 7,006,000 |
| Noninterest income | 122,000 | 236,000 | 350,000 | 462,000 |
| Noninterest expense | 1,692,000 | 3,310,000 | 4,917,000 | 6,599,000 |
| Provision for loan losses | 110,000 | 172,000 | 257,000 | 269,000 |
| Pretax income | -105,000 | 27,000 | 328,000 | 559,000 |
| Income tax | -22,000 | 6,000 | 69,000 | 56,000 |
| Net income | -83,000 | 21,000 | 259,000 | 503,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,584,000 | 26,909,000 | 27,379,000 | 27,852,000 |
| Total capital | 27,294,000 | 27,665,000 | 28,230,000 | 28,741,000 |
| Risk-weighted assets | 75,726,000 | 78,295,000 | 86,762,000 | 96,098,000 |