Call reports 2024
TWIN CEDARS BANK — 2024
What TWIN CEDARS 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 | 83,106,000 | 89,757,000 | 101,338,000 | 107,866,000 |
| Total loans | 72,900,000 | 76,245,000 | 82,003,000 | 86,082,000 |
| Allowance for loan losses | 1,029,000 | 1,080,000 | 1,525,000 | 1,660,000 |
| Securities available for sale | 976,000 | 980,000 | 991,000 | 994,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,591,000 | 74,007,000 | 84,083,000 | 91,788,000 |
| Interest-bearing deposits | 58,895,000 | 63,080,000 | 73,129,000 | 79,713,000 |
| Noninterest-bearing deposits | 11,696,000 | 10,927,000 | 10,954,000 | 12,075,000 |
| Equity capital | 8,265,000 | 12,101,000 | 13,233,000 | 13,303,000 |
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 | 1,404,000 | 2,932,000 | 4,574,000 | 6,375,000 |
| Interest expense | 478,000 | 1,036,000 | 1,682,000 | 2,448,000 |
| Net interest income | 926,000 | 1,896,000 | 2,892,000 | 3,927,000 |
| Noninterest income | 60,000 | 112,000 | 162,000 | 233,000 |
| Noninterest expense | 707,000 | 1,502,000 | 2,301,000 | 3,122,000 |
| Provision for loan losses | 85,000 | 125,000 | 594,000 | 734,000 |
| Pretax income | 174,000 | 351,000 | 119,000 | 201,000 |
| Income tax | 43,000 | 86,000 | 29,000 | 43,000 |
| Net income | 131,000 | 265,000 | 90,000 | 158,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,094,000 | 10,964,000 | 12,127,000 | 12,261,000 |
| Total capital | 7,984,000 | 11,903,000 | 13,142,000 | 13,334,000 |
| Risk-weighted assets | 71,190,000 | 75,150,000 | 80,800,000 | 85,298,000 |