Call reports 2024
BETTER BANKS — 2024
What BETTER BANKS 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 | 458,914,000 | 461,359,000 | 445,829,000 | 443,262,000 |
| Total loans | 287,441,000 | 289,920,000 | 288,833,000 | 290,623,000 |
| Allowance for loan losses | 3,817,000 | 3,740,000 | 3,768,000 | 3,619,000 |
| Securities available for sale | 86,316,000 | 86,319,000 | 74,894,000 | 68,792,000 |
| Securities held to maturity | 60,326,000 | 60,340,000 | 59,758,000 | 58,705,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 430,286,000 | 431,227,000 | 411,631,000 | 409,905,000 |
| Interest-bearing deposits | 353,340,000 | 356,341,000 | 337,475,000 | 328,976,000 |
| Noninterest-bearing deposits | 76,946,000 | 74,886,000 | 74,156,000 | 80,929,000 |
| Equity capital | 25,906,000 | 27,053,000 | 30,819,000 | 30,189,000 |
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 | 4,823,000 | 9,828,000 | 14,849,000 | 19,813,000 |
| Interest expense | 1,599,000 | 3,193,000 | 4,839,000 | 6,392,000 |
| Net interest income | 3,224,000 | 6,635,000 | 10,010,000 | 13,421,000 |
| Noninterest income | 1,041,000 | 2,219,000 | 3,504,000 | 4,881,000 |
| Noninterest expense | 3,411,000 | 6,927,000 | 10,438,000 | 13,763,000 |
| Provision for loan losses | 190,000 | 310,000 | 430,000 | 550,000 |
| Pretax income | 664,000 | 1,576,000 | 2,549,000 | 3,897,000 |
| Income tax | 19,000 | 79,000 | 139,000 | 198,000 |
| Net income | 645,000 | 1,497,000 | 2,410,000 | 3,699,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,898,000 | 38,584,000 | 39,473,000 | 40,772,000 |
| Total capital | 41,704,000 | 42,393,000 | 43,290,000 | 44,581,000 |
| Risk-weighted assets | 304,325,000 | 304,632,000 | 305,210,000 | 305,653,000 |