Call reports 2024
FULTON BANK, NATIONAL ASSOCIATION — 2024
What FULTON BANK, NATIONAL ASSOCIATION 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 | 27,525,896,000 | 31,646,370,000 | 32,059,530,000 | 31,916,102,000 |
| Total loans | 21,454,530,000 | 24,132,824,000 | 24,193,458,000 | 24,070,104,000 |
| Allowance for loan losses | 297,888,000 | 375,941,000 | 375,961,000 | 379,156,000 |
| Securities available for sale | 2,526,967,000 | 2,939,593,000 | 3,313,296,000 | 3,410,898,000 |
| Securities held to maturity | 1,256,423,000 | 1,244,433,000 | 1,231,982,000 | 1,395,569,000 |
| Trading assets | 163,435,000 | 165,150,000 | 109,395,000 | 149,192,000 |
| Total deposits | 21,955,672,000 | 25,761,661,000 | 26,319,816,000 | 26,240,692,000 |
| Interest-bearing deposits | 16,808,370,000 | 20,085,497,000 | 20,696,372,000 | 20,611,585,000 |
| Noninterest-bearing deposits | 5,147,302,000 | 5,676,164,000 | 5,623,444,000 | 5,629,107,000 |
| Equity capital | 2,855,336,000 | 3,217,075,000 | 3,357,295,000 | 3,309,356,000 |
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 | 339,646,000 | 740,130,000 | 1,167,776,000 | 1,582,141,000 |
| Interest expense | 127,849,000 | 282,252,000 | 447,066,000 | 603,760,000 |
| Net interest income | 211,797,000 | 457,878,000 | 720,710,000 | 978,381,000 |
| Noninterest income | 56,451,000 | 189,990,000 | 250,624,000 | 309,555,000 |
| Noninterest expense | 174,148,000 | 389,688,000 | 611,630,000 | 814,073,000 |
| Provision for loan losses | 13,082,000 | 46,532,000 | 58,813,000 | 75,566,000 |
| Pretax income | 83,175,000 | 194,917,000 | 284,511,000 | 381,944,000 |
| Income tax | 15,180,000 | 25,389,000 | 43,837,000 | 63,686,000 |
| Net income | 67,060,000 | 167,658,000 | 237,869,000 | 314,582,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,676,053,000 | 2,937,774,000 | 3,017,200,000 | 3,029,881,000 |
| Total capital | 2,959,585,000 | 3,249,674,000 | 3,328,625,000 | 3,338,891,000 |
| Risk-weighted assets | 22,670,683,000 | 24,946,873,000 | 24,907,635,000 | 24,708,709,000 |