Call reports 2024
NORTH STATE BANK — 2024
What NORTH STATE 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 | 1,438,905,000 | 1,416,157,000 | 1,434,992,000 | 1,408,917,000 |
| Total loans | 1,167,900,000 | 1,181,162,000 | 1,170,383,000 | 1,166,818,000 |
| Allowance for loan losses | 6,996,000 | 7,430,000 | 7,940,000 | 7,705,000 |
| Securities available for sale | 5,570,000 | 5,534,000 | 5,445,000 | 5,138,000 |
| Securities held to maturity | 53,146,000 | 53,036,000 | 51,637,000 | 51,533,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,217,253,000 | 1,192,153,000 | 1,205,444,000 | 1,182,672,000 |
| Interest-bearing deposits | 769,152,000 | 761,853,000 | 788,408,000 | 771,570,000 |
| Noninterest-bearing deposits | 448,101,000 | 430,300,000 | 417,036,000 | 411,102,000 |
| Equity capital | 109,888,000 | 111,690,000 | 114,087,000 | 115,280,000 |
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 | 17,366,000 | 35,348,000 | 53,871,000 | 72,299,000 |
| Interest expense | 6,065,000 | 12,330,000 | 18,804,000 | 24,684,000 |
| Net interest income | 11,301,000 | 23,018,000 | 35,067,000 | 47,615,000 |
| Noninterest income | 2,264,000 | 4,724,000 | 7,197,000 | 9,261,000 |
| Noninterest expense | 10,874,000 | 22,054,000 | 33,230,000 | 45,372,000 |
| Provision for loan losses | 168,000 | 560,000 | 836,000 | 925,000 |
| Pretax income | 2,497,000 | 5,233,000 | 8,283,000 | 10,811,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,497,000 | 5,233,000 | 8,283,000 | 10,811,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 109,961,000 | 111,664,000 | 113,834,000 | 115,228,000 |
| Total capital | 117,446,000 | 119,451,000 | 122,152,000 | 123,164,000 |
| Risk-weighted assets | 1,063,090,000 | 1,079,461,000 | 1,070,789,000 | 1,071,011,000 |