Call reports 2024
HARBOR BANK OF MARYLAND, THE — 2024
What HARBOR BANK OF MARYLAND, THE 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 | 365,115,000 | 354,636,000 | 350,975,000 | 382,482,000 |
| Total loans | 230,802,000 | 236,375,000 | 230,313,000 | 228,259,000 |
| Allowance for loan losses | 2,772,000 | 2,702,000 | 3,152,000 | 3,121,000 |
| Securities available for sale | 74,856,000 | 58,259,000 | 63,988,000 | 97,865,000 |
| Securities held to maturity | 6,999,000 | 6,999,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 311,643,000 | 302,605,000 | 301,349,000 | 332,642,000 |
| Interest-bearing deposits | 191,993,000 | 190,355,000 | 189,197,000 | 220,143,000 |
| Noninterest-bearing deposits | 119,650,000 | 112,250,000 | 112,152,000 | 112,499,000 |
| Equity capital | 44,394,000 | 44,845,000 | 45,535,000 | 45,200,000 |
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 | 4,591,000 | 9,007,000 | 13,640,000 | 18,274,000 |
| Interest expense | 732,000 | 1,467,000 | 2,134,000 | 2,928,000 |
| Net interest income | 3,859,000 | 7,540,000 | 11,506,000 | 15,346,000 |
| Noninterest income | 3,080,000 | 3,502,000 | 4,439,000 | 4,853,000 |
| Noninterest expense | 4,228,000 | 8,145,000 | 12,165,000 | 16,222,000 |
| Provision for loan losses | 100,000 | 100,000 | 600,000 | 750,000 |
| Pretax income | 2,611,000 | 2,797,000 | 3,180,000 | 3,227,000 |
| Income tax | 536,000 | 575,000 | 667,000 | 646,000 |
| Net income | 2,075,000 | 2,222,000 | 2,513,000 | 2,581,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,546,000 | 45,692,000 | 45,984,000 | 46,052,000 |