Call reports 2024
FIRST NATIONAL BANK OF FREDERICK, THE — 2024
What FIRST NATIONAL BANK OF FREDERICK, 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 | 32,646,000 | 34,044,000 | 30,002,000 | 32,462,000 |
| Total loans | 6,604,000 | 6,098,000 | 6,257,000 | 9,345,000 |
| Allowance for loan losses | 165,000 | 165,000 | 165,000 | 165,000 |
| Securities available for sale | 13,972,000 | 13,194,000 | 13,346,000 | 12,033,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,585,000 | 25,913,000 | 26,814,000 | 29,518,000 |
| Interest-bearing deposits | 17,902,000 | 19,498,000 | 21,729,000 | 24,196,000 |
| Noninterest-bearing deposits | 6,683,000 | 6,415,000 | 5,085,000 | 5,322,000 |
| Equity capital | 2,569,000 | 2,592,000 | 2,971,000 | 2,792,000 |
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 | 301,000 | 610,000 | 972,000 | 1,295,000 |
| Interest expense | 134,000 | 291,000 | 472,000 | 599,000 |
| Net interest income | 167,000 | 319,000 | 500,000 | 696,000 |
| Noninterest income | 14,000 | 28,000 | 50,000 | 62,000 |
| Noninterest expense | 152,000 | 280,000 | 409,000 | 541,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 29,000 | 67,000 | 141,000 | 217,000 |
| Income tax | 8,000 | 17,000 | 34,000 | 52,000 |
| Net income | 21,000 | 50,000 | 107,000 | 165,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,409,000 | 3,437,000 | 3,494,000 | 3,552,000 |