Call reports 2024
PRESIDENTIAL BANK, FSB — 2024
What PRESIDENTIAL BANK, FSB 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 | 962,747,000 | 988,493,000 | 1,015,418,000 | 974,190,000 |
| Total loans | 789,088,000 | 817,556,000 | 794,045,000 | 769,270,000 |
| Allowance for loan losses | 8,619,000 | 8,684,000 | 7,687,000 | 7,418,000 |
| Securities available for sale | 44,727,000 | 43,670,000 | 43,212,000 | 40,605,000 |
| Securities held to maturity | 20,906,000 | 19,916,000 | 19,926,000 | 18,937,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 736,288,000 | 694,904,000 | 762,385,000 | 798,415,000 |
| Interest-bearing deposits | 713,485,000 | 667,141,000 | 737,223,000 | 772,618,000 |
| Noninterest-bearing deposits | 22,803,000 | 27,763,000 | 25,162,000 | 25,797,000 |
| Equity capital | 83,451,000 | 83,892,000 | 85,905,000 | 85,875,000 |
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 | 13,939,000 | 28,378,000 | 43,276,000 | 57,793,000 |
| Interest expense | 6,897,000 | 14,336,000 | 22,111,000 | 29,315,000 |
| Net interest income | 7,042,000 | 14,042,000 | 21,165,000 | 28,478,000 |
| Noninterest income | 5,440,000 | 11,820,000 | 18,299,000 | 23,997,000 |
| Noninterest expense | 11,745,000 | 23,952,000 | 36,136,000 | 48,252,000 |
| Provision for loan losses | 2,082,000 | 2,741,000 | 2,738,000 | 3,037,000 |
| Pretax income | -1,338,000 | -853,000 | 635,000 | 1,174,000 |
| Income tax | -417,000 | -288,000 | 91,000 | -318,000 |
| Net income | -921,000 | -565,000 | 544,000 | 1,492,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 86,001,000 | 86,600,000 | 87,849,000 | 88,617,000 |
| Total capital | 95,378,000 | 96,074,000 | 96,628,000 | 97,130,000 |
| Risk-weighted assets | 749,817,000 | 757,688,000 | 735,183,000 | 710,998,000 |