Call reports 2024
AMERICAN COMMERCE BANK, NATIONAL ASSOCIATION — 2024
What AMERICAN COMMERCE 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 | 493,763,000 | 482,804,000 | 514,936,000 | 536,251,000 |
| Total loans | 423,129,000 | 423,516,000 | 448,167,000 | 449,009,000 |
| Allowance for loan losses | 8,534,000 | 8,408,000 | 8,674,000 | 8,905,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 410,836,000 | 394,627,000 | 423,773,000 | 443,500,000 |
| Interest-bearing deposits | 377,659,000 | 365,901,000 | 395,955,000 | 416,992,000 |
| Noninterest-bearing deposits | 33,177,000 | 28,726,000 | 27,818,000 | 26,508,000 |
| Equity capital | 67,061,000 | 68,668,000 | 70,214,000 | 71,862,000 |
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 | 7,790,000 | 15,731,000 | 23,886,000 | 32,365,000 |
| Interest expense | 3,157,000 | 6,364,000 | 9,847,000 | 13,661,000 |
| Net interest income | 4,633,000 | 9,367,000 | 14,039,000 | 18,704,000 |
| Noninterest income | 181,000 | 365,000 | 550,000 | 781,000 |
| Noninterest expense | 2,547,000 | 5,221,000 | 7,831,000 | 10,445,000 |
| Provision for loan losses | 175,000 | 275,000 | 439,000 | 671,000 |
| Pretax income | 2,092,000 | 4,236,000 | 6,233,000 | 8,131,000 |
| Income tax | 529,000 | 1,065,000 | 1,567,000 | 1,999,000 |
| Net income | 1,563,000 | 3,171,000 | 4,666,000 | 6,132,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 67,061,000 | 68,669,000 | 70,214,000 | 71,862,000 |
| Total capital | 72,224,000 | 73,878,000 | 75,692,000 | 77,461,000 |
| Risk-weighted assets | 410,249,000 | 414,045,000 | 435,557,000 | 445,101,000 |