Call reports 2024
TITAN BANK, N.A. — 2024
What TITAN BANK, N.A. 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 | 591,588,000 | 577,513,000 | 671,723,000 | 480,604,000 |
| Total loans | 274,106,000 | 288,043,000 | 296,459,000 | 313,340,000 |
| Allowance for loan losses | 3,113,000 | 3,190,000 | 3,315,000 | 3,454,000 |
| Securities available for sale | 5,879,000 | 5,869,000 | 5,602,000 | 5,087,000 |
| Securities held to maturity | 79,894,000 | 78,535,000 | 88,692,000 | 98,258,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 539,072,000 | 524,583,000 | 615,053,000 | 419,018,000 |
| Interest-bearing deposits | 489,438,000 | 483,064,000 | 327,289,000 | 111,153,000 |
| Noninterest-bearing deposits | 49,634,000 | 41,519,000 | 287,764,000 | 307,865,000 |
| Equity capital | 50,721,000 | 51,786,000 | 55,327,000 | 59,980,000 |
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 | 8,481,000 | 17,036,000 | 25,701,000 | 35,682,000 |
| Interest expense | 1,239,000 | 3,051,000 | 4,934,000 | 7,562,000 |
| Net interest income | 7,242,000 | 13,985,000 | 20,767,000 | 28,120,000 |
| Noninterest income | 1,875,000 | 2,102,000 | 2,587,000 | 4,271,000 |
| Noninterest expense | 2,068,000 | 4,476,000 | 6,920,000 | 9,775,000 |
| Provision for loan losses | 143,000 | 243,000 | 368,000 | 583,000 |
| Pretax income | 6,837,000 | 11,345,000 | 16,045,000 | 22,085,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 6,837,000 | 11,345,000 | 16,045,000 | 22,085,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 59,429,000 | 60,239,000 | 63,439,000 | 67,879,000 |
| Total capital | 62,535,000 | 63,528,000 | 66,871,000 | 71,443,000 |
| Risk-weighted assets | 248,279,000 | 263,033,000 | 274,529,000 | 285,081,000 |