Call reports 2024
ASPIRE BANK — 2024
What ASPIRE 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 | 64,864,000 | 66,786,000 | 64,469,000 | 61,505,000 |
| Total loans | 52,613,000 | 56,589,000 | 56,651,000 | 54,917,000 |
| Allowance for loan losses | 553,000 | 559,000 | 566,000 | 568,000 |
| Securities available for sale | 21,000 | 18,000 | 16,000 | 15,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,434,000 | 60,313,000 | 57,888,000 | 53,726,000 |
| Interest-bearing deposits | 46,181,000 | 47,898,000 | 46,342,000 | 44,877,000 |
| Noninterest-bearing deposits | 12,253,000 | 12,415,000 | 11,546,000 | 8,849,000 |
| Equity capital | 6,194,000 | 6,260,000 | 6,367,000 | 6,375,000 |
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 | 892,000 | 1,845,000 | 2,835,000 | 3,761,000 |
| Interest expense | 419,000 | 857,000 | 1,286,000 | 1,690,000 |
| Net interest income | 473,000 | 988,000 | 1,549,000 | 2,071,000 |
| Noninterest income | -23,000 | -51,000 | -65,000 | -91,000 |
| Noninterest expense | 365,000 | 753,000 | 1,121,000 | 1,604,000 |
| Provision for loan losses | 0 | 4,000 | 10,000 | 10,000 |
| Pretax income | 85,000 | 180,000 | 353,000 | 366,000 |
| Income tax | 17,000 | 45,000 | 82,000 | 87,000 |
| Net income | 68,000 | 135,000 | 271,000 | 279,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,582,000 | 5,649,000 | 5,755,000 | 5,763,000 |