Call reports 2024
SAGE CAPITAL BANK — 2024
What SAGE CAPITAL 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 | 647,675,000 | 664,481,000 | 664,607,000 | 670,760,000 |
| Total loans | 348,999,000 | 362,792,000 | 381,054,000 | 396,182,000 |
| Allowance for loan losses | 4,368,000 | 4,428,000 | 4,488,000 | 4,840,000 |
| Securities available for sale | 143,088,000 | 129,286,000 | 137,608,000 | 128,527,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 576,124,000 | 589,767,000 | 586,979,000 | 593,812,000 |
| Interest-bearing deposits | 375,249,000 | 390,372,000 | 390,566,000 | 400,259,000 |
| Noninterest-bearing deposits | 200,875,000 | 199,395,000 | 196,413,000 | 193,553,000 |
| Equity capital | 66,702,000 | 69,849,000 | 72,302,000 | 72,244,000 |
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 | 8,086,000 | 16,541,000 | 25,311,000 | 34,544,000 |
| Interest expense | 2,340,000 | 4,840,000 | 7,552,000 | 10,343,000 |
| Net interest income | 5,746,000 | 11,701,000 | 17,759,000 | 24,201,000 |
| Noninterest income | 537,000 | 1,022,000 | 1,533,000 | 2,106,000 |
| Noninterest expense | 3,841,000 | 7,814,000 | 11,591,000 | 15,626,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 545,000 |
| Pretax income | 2,382,000 | 4,774,000 | 7,518,000 | 10,134,000 |
| Income tax | 488,000 | 976,000 | 1,537,000 | 1,825,000 |
| Net income | 1,894,000 | 3,798,000 | 5,981,000 | 8,309,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 67,724,000 | 69,628,000 | 70,511,000 | 72,424,000 |
| Total capital | 72,418,000 | 74,406,000 | 75,349,000 | 77,605,000 |
| Risk-weighted assets | 375,522,000 | 411,341,000 | 412,368,000 | 414,457,000 |