Call reports 2024
FIRST EXCHANGE BANK — 2024
What FIRST EXCHANGE 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 | 402,468,000 | 387,456,000 | 385,862,000 | 381,568,000 |
| Total loans | 307,305,000 | 305,440,000 | 303,875,000 | 301,803,000 |
| Allowance for loan losses | 4,115,000 | 3,709,000 | 3,666,000 | 4,093,000 |
| Securities available for sale | 30,150,000 | 29,486,000 | 29,994,000 | 27,627,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 330,588,000 | 339,712,000 | 340,870,000 | 340,836,000 |
| Interest-bearing deposits | 263,298,000 | 282,112,000 | 284,661,000 | 283,039,000 |
| Noninterest-bearing deposits | 67,290,000 | 57,600,000 | 56,209,000 | 57,797,000 |
| Equity capital | 27,810,000 | 28,233,000 | 29,810,000 | 28,292,000 |
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 | 4,652,000 | 9,560,000 | 14,453,000 | 19,440,000 |
| Interest expense | 1,890,000 | 3,999,000 | 6,160,000 | 8,257,000 |
| Net interest income | 2,762,000 | 5,561,000 | 8,293,000 | 11,183,000 |
| Noninterest income | 467,000 | 962,000 | 1,435,000 | 2,014,000 |
| Noninterest expense | 2,607,000 | 5,227,000 | 7,756,000 | 10,501,000 |
| Provision for loan losses | 110,000 | 221,000 | 405,000 | 902,000 |
| Pretax income | 508,000 | 1,061,000 | 1,557,000 | 1,786,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 508,000 | 1,061,000 | 1,557,000 | 1,786,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,440,000 | 33,679,000 | 33,924,000 | 33,804,000 |
| Total capital | — | — | 37,227,000 | 37,092,000 |
| Risk-weighted assets | — | — | 263,773,000 | 262,151,000 |