Call reports 2024
REPUBLIC BANKING COMPANY, THE — 2024
What REPUBLIC BANKING COMPANY, 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 | 61,919,000 | 62,516,000 | 61,780,000 | 59,046,000 |
| Total loans | 46,051,000 | 46,611,000 | 46,930,000 | 47,035,000 |
| Allowance for loan losses | 548,000 | 550,000 | 550,000 | 552,000 |
| Securities available for sale | 5,882,000 | 5,522,000 | 4,505,000 | 3,878,000 |
| Securities held to maturity | 631,000 | 412,000 | 412,000 | 374,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,517,000 | 51,835,000 | 50,736,000 | 47,702,000 |
| Interest-bearing deposits | 41,557,000 | 42,530,000 | 41,431,000 | 38,632,000 |
| Noninterest-bearing deposits | 9,960,000 | 9,305,000 | 9,305,000 | 9,070,000 |
| Equity capital | 10,314,000 | 10,617,000 | 10,953,000 | 11,211,000 |
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 | 772,000 | 1,562,000 | 2,365,000 | 3,191,000 |
| Interest expense | 142,000 | 281,000 | 421,000 | 558,000 |
| Net interest income | 630,000 | 1,281,000 | 1,944,000 | 2,633,000 |
| Noninterest income | 18,000 | 36,000 | 54,000 | 72,000 |
| Noninterest expense | 328,000 | 659,000 | 1,013,000 | 1,387,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 320,000 | 658,000 | 985,000 | 1,318,000 |
| Income tax | 82,000 | 148,000 | 214,000 | 282,000 |
| Net income | 238,000 | 510,000 | 771,000 | 1,036,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,164,000 | 10,737,000 | 10,998,000 | 11,263,000 |