Call reports 2024
EVOLVE BANK & TRUST — 2024
What EVOLVE BANK & TRUST 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 | 1,551,293,000 | 1,679,658,000 | 1,670,817,000 | 1,812,062,000 |
| Total loans | 1,058,035,000 | 1,027,364,000 | 1,054,542,000 | 1,039,897,000 |
| Allowance for loan losses | 17,069,000 | 16,359,000 | 17,104,000 | 16,541,000 |
| Securities available for sale | 15,678,000 | 15,778,000 | 31,251,000 | 85,093,000 |
| Securities held to maturity | 88,034,000 | 83,352,000 | 79,166,000 | 67,102,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,120,308,000 | 1,142,680,000 | 1,180,823,000 | 1,331,043,000 |
| Interest-bearing deposits | 762,743,000 | 881,563,000 | 936,982,000 | 1,041,778,000 |
| Noninterest-bearing deposits | 357,565,000 | 261,117,000 | 243,841,000 | 289,265,000 |
| Equity capital | 158,250,000 | 161,741,000 | 163,960,000 | 164,798,000 |
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 | 20,460,000 | 42,061,000 | 65,209,000 | 86,695,000 |
| Interest expense | 12,881,000 | 25,936,000 | 40,228,000 | 52,796,000 |
| Net interest income | 7,579,000 | 16,125,000 | 24,981,000 | 33,899,000 |
| Noninterest income | 24,970,000 | 52,805,000 | 78,772,000 | 106,280,000 |
| Noninterest expense | 27,862,000 | 59,356,000 | 90,633,000 | 125,349,000 |
| Provision for loan losses | 499,000 | -186,000 | 733,000 | 492,000 |
| Pretax income | 4,057,000 | 9,507,000 | 12,159,000 | 14,122,000 |
| Income tax | 1,095,000 | 2,510,000 | 3,307,000 | 3,824,000 |
| Net income | 2,962,000 | 6,997,000 | 8,852,000 | 10,298,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 156,336,000 | 159,854,000 | 161,789,000 | 162,855,000 |
| Total capital | 170,471,000 | 173,400,000 | 175,975,000 | 176,311,000 |
| Risk-weighted assets | 1,127,872,000 | 1,081,064,000 | 1,131,929,000 | 1,073,380,000 |