Call reports 2024
REPUBLIC BANK OF ARIZONA — 2024
What REPUBLIC BANK OF ARIZONA 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 | 279,134,000 | 283,060,000 | 291,765,000 | 282,511,000 |
| Total loans | 199,714,000 | 203,177,000 | 216,451,000 | 222,731,000 |
| Allowance for loan losses | 2,116,000 | 2,163,000 | 2,290,000 | 2,428,000 |
| Securities available for sale | 40,079,000 | 37,429,000 | 34,746,000 | 32,731,000 |
| Securities held to maturity | 10,650,000 | 10,651,000 | 9,850,000 | 9,855,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 249,736,000 | 252,907,000 | 259,977,000 | 250,312,000 |
| Interest-bearing deposits | 160,419,000 | 155,894,000 | 160,872,000 | 158,321,000 |
| Noninterest-bearing deposits | 89,317,000 | 97,013,000 | 99,105,000 | 91,991,000 |
| Equity capital | 27,291,000 | 28,426,000 | 29,995,000 | 30,467,000 |
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 | 4,208,000 | 8,668,000 | 13,321,000 | 17,935,000 |
| Interest expense | 1,475,000 | 2,832,000 | 4,219,000 | 5,593,000 |
| Net interest income | 2,733,000 | 5,836,000 | 9,102,000 | 12,342,000 |
| Noninterest income | 220,000 | 475,000 | 722,000 | 967,000 |
| Noninterest expense | 1,883,000 | 3,827,000 | 5,691,000 | 7,775,000 |
| Provision for loan losses | 0 | 69,000 | 338,000 | 502,000 |
| Pretax income | 1,070,000 | 2,359,000 | 3,739,000 | 4,907,000 |
| Income tax | 251,000 | 553,000 | 878,000 | 1,182,000 |
| Net income | 819,000 | 1,806,000 | 2,861,000 | 3,725,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,144,000 | 30,131,000 | 31,186,000 | 31,900,000 |