Call reports 2024
FLATIRONS BANK — 2024
What FLATIRONS 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 | 320,606,000 | 344,925,000 | 331,389,000 | 340,063,000 |
| Total loans | 253,969,000 | 274,076,000 | 265,949,000 | 260,659,000 |
| Allowance for loan losses | 3,110,000 | 3,265,000 | 3,102,000 | 3,319,000 |
| Securities available for sale | 55,277,000 | 54,394,000 | 54,463,000 | 52,699,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 272,446,000 | 294,033,000 | 281,115,000 | 312,784,000 |
| Interest-bearing deposits | 225,491,000 | 238,314,000 | 219,643,000 | 251,108,000 |
| Noninterest-bearing deposits | 46,955,000 | 55,719,000 | 61,472,000 | 61,676,000 |
| Equity capital | 21,965,000 | 21,955,000 | 24,011,000 | 22,783,000 |
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 | 4,090,000 | 8,557,000 | 13,299,000 | 18,139,000 |
| Interest expense | 1,964,000 | 3,989,000 | 5,973,000 | 7,913,000 |
| Net interest income | 2,126,000 | 4,568,000 | 7,326,000 | 10,226,000 |
| Noninterest income | 155,000 | 351,000 | 556,000 | 836,000 |
| Noninterest expense | 1,692,000 | 3,590,000 | 5,573,000 | 7,679,000 |
| Provision for loan losses | 25,000 | 318,000 | 189,000 | 281,000 |
| Pretax income | 536,000 | 1,018,000 | 2,047,000 | 3,001,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 536,000 | 1,018,000 | 2,047,000 | 3,001,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,898,000 | 28,185,000 | 28,979,000 | 28,933,000 |
| Total capital | 31,051,000 | 31,500,000 | 32,257,000 | 32,222,000 |
| Risk-weighted assets | 252,055,000 | 265,012,000 | 262,159,000 | 262,796,000 |