Call reports 2024
WORTHINGTON BANK — 2024
What WORTHINGTON 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 | 585,979,000 | 590,769,000 | 594,971,000 | 612,795,000 |
| Total loans | 427,922,000 | 446,972,000 | 442,417,000 | 453,584,000 |
| Allowance for loan losses | 4,040,000 | 4,108,000 | 4,095,000 | 4,208,000 |
| Securities available for sale | 86,495,000 | 77,162,000 | 58,350,000 | 43,622,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 512,205,000 | 522,487,000 | 540,390,000 | 558,641,000 |
| Interest-bearing deposits | 306,541,000 | 318,208,000 | 354,202,000 | 364,981,000 |
| Noninterest-bearing deposits | 205,664,000 | 204,279,000 | 186,188,000 | 193,660,000 |
| Equity capital | 46,923,000 | 47,823,000 | 49,561,000 | 50,869,000 |
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 | 7,504,000 | 15,345,000 | 23,606,000 | 32,278,000 |
| Interest expense | 3,114,000 | 6,473,000 | 10,039,000 | 13,430,000 |
| Net interest income | 4,390,000 | 8,872,000 | 13,567,000 | 18,848,000 |
| Noninterest income | 203,000 | 420,000 | 625,000 | 829,000 |
| Noninterest expense | 3,803,000 | 7,690,000 | 11,332,000 | 15,154,000 |
| Provision for loan losses | 122,000 | 189,000 | 174,000 | 286,000 |
| Pretax income | 668,000 | 1,413,000 | 2,686,000 | 4,237,000 |
| Income tax | 156,000 | 331,000 | 616,000 | 967,000 |
| Net income | 512,000 | 1,082,000 | 2,070,000 | 3,270,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,295,000 | 48,955,000 | 50,016,000 | 51,313,000 |
| Total capital | 52,335,000 | 53,063,000 | 54,111,000 | 55,521,000 |
| Risk-weighted assets | 432,648,000 | 447,626,000 | 441,048,000 | 458,059,000 |