Call reports 2024
ASCENDIA BANK — 2024
What ASCENDIA 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 | 381,657,000 | 385,669,000 | 387,114,000 | 392,379,000 |
| Total loans | 309,492,000 | 313,376,000 | 314,313,000 | 321,854,000 |
| Allowance for loan losses | 1,770,000 | 1,813,000 | 1,818,000 | 1,851,000 |
| Securities available for sale | 2,403,000 | 2,346,000 | 2,344,000 | 2,174,000 |
| Securities held to maturity | 37,793,000 | 38,110,000 | 36,930,000 | 35,616,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 278,144,000 | 282,595,000 | 279,542,000 | 289,290,000 |
| Interest-bearing deposits | 248,925,000 | 254,623,000 | 250,748,000 | 260,211,000 |
| Noninterest-bearing deposits | 29,219,000 | 27,972,000 | 28,794,000 | 29,079,000 |
| Equity capital | 36,036,000 | 36,387,000 | 36,212,000 | 36,039,000 |
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 | 4,172,000 | 8,791,000 | 13,388,000 | 18,014,000 |
| Interest expense | 2,537,000 | 5,241,000 | 8,028,000 | 10,827,000 |
| Net interest income | 1,635,000 | 3,550,000 | 5,360,000 | 7,187,000 |
| Noninterest income | 179,000 | 356,000 | 542,000 | 706,000 |
| Noninterest expense | 2,642,000 | 4,725,000 | 6,936,000 | 9,075,000 |
| Provision for loan losses | -6,000 | -297,000 | -292,000 | -259,000 |
| Pretax income | -822,000 | -522,000 | -742,000 | -921,000 |
| Income tax | -249,000 | -186,000 | -265,000 | -333,000 |
| Net income | -573,000 | -336,000 | -477,000 | -588,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,262,000 | 36,254,000 | 36,132,000 | 36,024,000 |
| Total capital | 38,054,000 | 38,090,000 | 37,973,000 | 37,896,000 |
| Risk-weighted assets | 257,207,000 | 262,791,000 | 264,271,000 | 269,111,000 |