Call reports 2024
BANK OF LEXINGTON, INC. — 2024
What BANK OF LEXINGTON, INC. 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 | 334,028,000 | 342,422,000 | 353,904,000 | 357,463,000 |
| Total loans | 258,007,000 | 267,970,000 | 273,722,000 | 286,925,000 |
| Allowance for loan losses | 1,585,000 | 1,563,000 | 1,582,000 | 1,614,000 |
| Securities available for sale | 10,667,000 | 8,651,000 | 8,929,000 | 12,446,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 280,170,000 | 277,277,000 | 290,545,000 | 297,654,000 |
| Interest-bearing deposits | 184,543,000 | 202,642,000 | 208,127,000 | 230,196,000 |
| Noninterest-bearing deposits | 95,627,000 | 74,635,000 | 82,418,000 | 67,458,000 |
| Equity capital | 38,921,000 | 37,297,000 | 37,896,000 | 37,854,000 |
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 | 4,333,000 | 8,669,000 | 13,235,000 | 17,962,000 |
| Interest expense | 1,645,000 | 3,605,000 | 5,777,000 | 8,024,000 |
| Net interest income | 2,688,000 | 5,064,000 | 7,458,000 | 9,938,000 |
| Noninterest income | 208,000 | 527,000 | 805,000 | 1,110,000 |
| Noninterest expense | 1,873,000 | 3,842,000 | 5,757,000 | 7,890,000 |
| Provision for loan losses | -9,000 | -31,000 | -12,000 | 19,000 |
| Pretax income | 1,030,000 | 1,772,000 | 2,514,000 | 3,128,000 |
| Income tax | 243,000 | 413,000 | 583,000 | 722,000 |
| Net income | 787,000 | 1,359,000 | 1,931,000 | 2,406,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,393,000 | 38,715,000 | 39,037,000 | 39,263,000 |
| Total capital | 42,040,000 | 40,346,000 | 40,683,000 | 40,947,000 |
| Risk-weighted assets | 222,637,000 | 229,917,000 | 241,275,000 | 247,783,000 |