Call reports 2024
FIRST NATIONAL BANK OF MONTEREY, THE — 2024
What FIRST NATIONAL BANK OF MONTEREY, THE 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 | 391,906,000 | 403,059,000 | 405,055,000 | 407,327,000 |
| Total loans | 212,214,000 | 224,224,000 | 228,770,000 | 231,137,000 |
| Allowance for loan losses | 4,770,000 | 4,762,000 | 4,765,000 | 4,744,000 |
| Securities available for sale | 138,879,000 | 139,182,000 | 143,203,000 | 143,293,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 347,866,000 | 363,320,000 | 360,948,000 | 367,480,000 |
| Interest-bearing deposits | 287,971,000 | 298,703,000 | 308,141,000 | 309,829,000 |
| Noninterest-bearing deposits | 59,895,000 | 64,617,000 | 52,807,000 | 57,651,000 |
| Equity capital | 37,352,000 | 38,170,000 | 42,196,000 | 38,434,000 |
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 | 4,345,000 | 8,878,000 | 13,587,000 | 18,440,000 |
| Interest expense | 2,325,000 | 4,697,000 | 7,217,000 | 9,675,000 |
| Net interest income | 2,020,000 | 4,181,000 | 6,370,000 | 8,765,000 |
| Noninterest income | 184,000 | 363,000 | 558,000 | 739,000 |
| Noninterest expense | 1,779,000 | 3,563,000 | 5,302,000 | 7,183,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 425,000 | 981,000 | 1,626,000 | 2,321,000 |
| Income tax | 26,000 | 84,000 | 163,000 | 297,000 |
| Net income | 399,000 | 897,000 | 1,463,000 | 2,024,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 52,247,000 | 52,744,000 | 53,311,000 | 53,246,000 |