Call reports 2024
HARFORD BANK — 2024
What HARFORD 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 | 678,366,000 | 700,133,000 | 711,836,000 | 713,432,000 |
| Total loans | 509,853,000 | 517,776,000 | 506,210,000 | 499,547,000 |
| Allowance for loan losses | 5,733,000 | 6,191,000 | 6,013,000 | 5,712,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 100,763,000 | 93,823,000 | 89,971,000 | 100,643,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 571,105,000 | 599,119,000 | 626,814,000 | 643,357,000 |
| Interest-bearing deposits | 431,052,000 | 450,146,000 | 473,778,000 | 490,974,000 |
| Noninterest-bearing deposits | 140,053,000 | 148,973,000 | 153,036,000 | 152,383,000 |
| Equity capital | 60,291,000 | 61,435,000 | 63,047,000 | 65,032,000 |
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 | 8,053,000 | 16,533,000 | 25,278,000 | 34,244,000 |
| Interest expense | 2,692,000 | 5,588,000 | 8,568,000 | 11,433,000 |
| Net interest income | 5,361,000 | 10,945,000 | 16,710,000 | 22,811,000 |
| Noninterest income | 477,000 | 971,000 | 1,489,000 | 2,021,000 |
| Noninterest expense | 3,766,000 | 7,602,000 | 11,744,000 | 15,655,000 |
| Provision for loan losses | 30,000 | 495,000 | 325,000 | 75,000 |
| Pretax income | 2,115,000 | 3,859,000 | 6,106,000 | 9,091,000 |
| Income tax | 516,000 | 910,000 | 1,427,000 | 2,127,000 |
| Net income | 1,599,000 | 2,949,000 | 4,679,000 | 6,964,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 60,291,000 | 61,435,000 | 63,047,000 | 65,032,000 |
| Total capital | 66,458,000 | 67,761,000 | 69,212,000 | 71,125,000 |
| Risk-weighted assets | 497,968,000 | 505,804,000 | 492,859,000 | 487,346,000 |