Call reports 2024
AMALGAMATED BANK — 2024
What AMALGAMATED 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 | 8,147,454,000 | 8,257,193,000 | 8,420,558,000 | 8,259,701,000 |
| Total loans | 4,425,918,000 | 4,473,765,000 | 4,586,526,000 | 4,710,517,000 |
| Allowance for loan losses | 64,400,000 | 63,444,000 | 61,466,000 | 60,086,000 |
| Securities available for sale | 1,528,051,000 | 1,694,261,000 | 1,766,545,000 | 1,629,058,000 |
| Securities held to maturity | 1,674,672,000 | 1,661,290,000 | 1,613,068,000 | 1,586,909,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 7,347,804,000 | 7,478,989,000 | 7,616,985,000 | 7,232,975,000 |
| Interest-bearing deposits | 4,123,719,000 | 4,003,920,000 | 3,792,731,000 | 4,312,099,000 |
| Noninterest-bearing deposits | 3,224,085,000 | 3,475,069,000 | 3,824,254,000 | 2,920,876,000 |
| Equity capital | 656,618,000 | 690,625,000 | 747,068,000 | 721,911,000 |
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 | 96,943,000 | 195,895,000 | 298,712,000 | 401,296,000 |
| Interest expense | 28,294,000 | 57,444,000 | 87,548,000 | 116,496,000 |
| Net interest income | 68,649,000 | 138,451,000 | 211,164,000 | 284,800,000 |
| Noninterest income | 12,993,000 | 24,547,000 | 36,045,000 | 41,838,000 |
| Noninterest expense | 37,724,000 | 76,846,000 | 117,379,000 | 158,070,000 |
| Provision for loan losses | 890,000 | 2,656,000 | 7,555,000 | 10,353,000 |
| Pretax income | 39,556,000 | 75,937,000 | 114,537,000 | 148,586,000 |
| Income tax | 11,552,000 | 20,737,000 | 31,126,000 | 39,958,000 |
| Net income | 28,004,000 | 55,200,000 | 83,411,000 | 108,628,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 719,921,000 | 748,936,000 | 778,688,000 | 765,652,000 |
| Total capital | 782,171,000 | 814,284,000 | 843,411,000 | 829,871,000 |
| Risk-weighted assets | 4,972,343,000 | 5,222,783,000 | 5,278,342,000 | 5,406,159,000 |