Call reports 2024
SOLERA NATIONAL BANK — 2024
What SOLERA NATIONAL 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 | 1,257,198,000 | 1,230,823,000 | 1,162,497,000 | 1,171,127,000 |
| Total loans | 820,936,000 | 792,789,000 | 797,551,000 | 792,753,000 |
| Allowance for loan losses | 10,808,000 | 10,810,000 | 10,912,000 | 10,913,000 |
| Securities available for sale | 185,120,000 | 183,310,000 | 317,179,000 | 322,375,000 |
| Securities held to maturity | 200,641,000 | 200,457,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,057,086,000 | 941,609,000 | 1,017,966,000 | 934,747,000 |
| Interest-bearing deposits | 549,216,000 | 438,542,000 | 521,129,000 | 450,169,000 |
| Noninterest-bearing deposits | 507,870,000 | 503,067,000 | 496,837,000 | 484,578,000 |
| Equity capital | 80,903,000 | 84,340,000 | 89,672,000 | 89,443,000 |
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 | 17,224,000 | 34,486,000 | 52,063,000 | 69,118,000 |
| Interest expense | 8,033,000 | 16,149,000 | 23,794,000 | 30,582,000 |
| Net interest income | 9,191,000 | 18,337,000 | 28,269,000 | 38,536,000 |
| Noninterest income | 1,059,000 | 2,265,000 | 3,792,000 | 5,216,000 |
| Noninterest expense | 4,926,000 | 9,439,000 | 13,806,000 | 18,564,000 |
| Provision for loan losses | 1,203,000 | 1,207,000 | 1,312,000 | 1,318,000 |
| Pretax income | 4,181,000 | 10,016,000 | 17,861,000 | 24,788,000 |
| Income tax | 1,129,000 | 2,704,000 | 5,012,000 | 6,667,000 |
| Net income | 3,052,000 | 7,312,000 | 12,849,000 | 18,121,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 96,180,000 | 100,254,000 | 106,461,000 | 111,734,000 |
| Total capital | 107,118,000 | 111,194,000 | 117,503,000 | 122,777,000 |
| Risk-weighted assets | 954,004,000 | 924,483,000 | 916,463,000 | 898,711,000 |