Call reports 2024
BANK OF THE SIERRA — 2024
What BANK OF THE SIERRA 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 | 3,550,459,000 | 3,678,508,000 | 3,693,553,000 | 3,607,133,000 |
| Total loans | 2,157,078,000 | 2,234,816,000 | 2,321,025,000 | 2,331,434,000 |
| Allowance for loan losses | 23,140,000 | 21,640,000 | 22,710,000 | 24,830,000 |
| Securities available for sale | 741,789,000 | 716,787,000 | 706,310,000 | 655,967,000 |
| Securities held to maturity | 316,422,000 | 312,895,000 | 308,986,000 | 305,529,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,871,575,000 | 2,958,225,000 | 2,967,229,000 | 2,904,735,000 |
| Interest-bearing deposits | 1,878,008,000 | 1,955,483,000 | 1,942,506,000 | 1,884,460,000 |
| Noninterest-bearing deposits | 993,567,000 | 1,002,742,000 | 1,024,723,000 | 1,020,275,000 |
| Equity capital | 401,742,000 | 415,210,000 | 427,762,000 | 424,363,000 |
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 | 40,960,000 | 84,455,000 | 129,253,000 | 172,348,000 |
| Interest expense | 11,058,000 | 23,197,000 | 36,025,000 | 47,629,000 |
| Net interest income | 29,902,000 | 61,258,000 | 93,228,000 | 124,719,000 |
| Noninterest income | 11,406,000 | 19,036,000 | 26,753,000 | 34,136,000 |
| Noninterest expense | 23,717,000 | 45,489,000 | 67,457,000 | 89,542,000 |
| Provision for loan losses | 97,000 | 1,018,000 | 2,258,000 | 4,593,000 |
| Pretax income | 14,647,000 | 30,960,000 | 47,392,000 | 61,905,000 |
| Income tax | 3,912,000 | 8,479,000 | 12,884,000 | 15,684,000 |
| Net income | 10,735,000 | 22,481,000 | 34,508,000 | 46,221,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 407,253,000 | 419,573,000 | 430,158,000 | 429,604,000 |