Call reports 2024
HONOR BANK — 2024
What HONOR 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 | 386,801,000 | 396,569,000 | 419,731,000 | 413,779,000 |
| Total loans | 298,661,000 | 315,995,000 | 322,135,000 | 323,565,000 |
| Allowance for loan losses | 3,881,000 | 3,931,000 | 4,011,000 | 4,030,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 49,443,000 | 48,201,000 | 46,385,000 | 46,205,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 345,012,000 | 354,135,000 | 381,009,000 | 373,957,000 |
| Interest-bearing deposits | 234,785,000 | 240,788,000 | 263,260,000 | 263,895,000 |
| Noninterest-bearing deposits | 110,227,000 | 113,347,000 | 117,749,000 | 110,062,000 |
| Equity capital | 35,052,000 | 35,616,000 | 36,621,000 | 37,276,000 |
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 | 4,577,000 | 9,365,000 | 14,635,000 | 20,022,000 |
| Interest expense | 1,109,000 | 2,355,000 | 3,844,000 | 5,414,000 |
| Net interest income | 3,468,000 | 7,010,000 | 10,791,000 | 14,608,000 |
| Noninterest income | 542,000 | 1,214,000 | 1,952,000 | 2,713,000 |
| Noninterest expense | 2,599,000 | 5,214,000 | 7,928,000 | 10,737,000 |
| Provision for loan losses | 68,000 | 85,000 | 180,000 | 188,000 |
| Pretax income | 1,396,000 | 2,981,000 | 4,721,000 | 6,445,000 |
| Income tax | 281,000 | 602,000 | 937,000 | 1,306,000 |
| Net income | 1,115,000 | 2,379,000 | 3,784,000 | 5,139,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,052,000 | 35,616,000 | 36,621,000 | 37,276,000 |
| Total capital | 38,898,000 | 39,651,000 | 40,731,000 | 41,363,000 |
| Risk-weighted assets | 307,253,000 | 322,493,000 | 328,547,000 | 326,603,000 |