Call reports 2024
VIKING BANK, NATIONAL ASSOCIATION — 2024
What VIKING 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 | 271,788,000 | 261,989,000 | 272,598,000 | 281,740,000 |
| Total loans | 212,913,000 | 216,431,000 | 218,029,000 | 226,937,000 |
| Allowance for loan losses | 2,611,000 | 2,638,000 | 2,698,000 | 2,808,000 |
| Securities available for sale | 13,734,000 | 14,141,000 | 14,427,000 | 15,172,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 226,971,000 | 217,650,000 | 227,276,000 | 236,308,000 |
| Interest-bearing deposits | 193,558,000 | 188,083,000 | 189,849,000 | 202,611,000 |
| Noninterest-bearing deposits | 33,413,000 | 29,567,000 | 37,427,000 | 33,697,000 |
| Equity capital | 33,994,000 | 33,854,000 | 34,744,000 | 34,749,000 |
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 | 3,358,000 | 6,730,000 | 10,267,000 | 14,148,000 |
| Interest expense | 1,353,000 | 2,752,000 | 4,227,000 | 5,867,000 |
| Net interest income | 2,005,000 | 3,978,000 | 6,040,000 | 8,281,000 |
| Noninterest income | 384,000 | 746,000 | 1,129,000 | 1,508,000 |
| Noninterest expense | 1,524,000 | 3,220,000 | 4,724,000 | 6,364,000 |
| Provision for loan losses | 98,000 | 132,000 | 191,000 | 299,000 |
| Pretax income | 803,000 | 1,343,000 | 2,223,000 | 3,144,000 |
| Income tax | 0 | 4,000 | 4,000 | 4,000 |
| Net income | 803,000 | 1,339,000 | 2,219,000 | 3,140,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,736,000 | 23,660,000 | 24,142,000 | 24,459,000 |