Call reports 2024
OLD FORT BANKING COMPANY, THE — 2024
What OLD FORT BANKING COMPANY, THE 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 | 827,156,000 | 821,326,000 | 835,499,000 | 824,071,000 |
| Total loans | 436,932,000 | 447,147,000 | 446,175,000 | 446,689,000 |
| Allowance for loan losses | 4,864,000 | 4,845,000 | 4,688,000 | 4,724,000 |
| Securities available for sale | 279,985,000 | 278,154,000 | 288,342,000 | 277,901,000 |
| Securities held to maturity | 14,790,000 | 14,781,000 | 14,773,000 | 14,765,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 785,714,000 | 779,825,000 | 781,517,000 | 778,619,000 |
| Interest-bearing deposits | 617,192,000 | 610,232,000 | 613,311,000 | 612,274,000 |
| Noninterest-bearing deposits | 168,522,000 | 169,593,000 | 168,206,000 | 166,345,000 |
| Equity capital | 37,726,000 | 37,550,000 | 49,652,000 | 41,060,000 |
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 | 7,962,000 | 16,000,000 | 24,413,000 | 32,817,000 |
| Interest expense | 3,664,000 | 7,552,000 | 11,644,000 | 15,471,000 |
| Net interest income | 4,298,000 | 8,448,000 | 12,769,000 | 17,346,000 |
| Noninterest income | 1,174,000 | 2,160,000 | 3,366,000 | 4,597,000 |
| Noninterest expense | 3,964,000 | 7,728,000 | 11,396,000 | 15,194,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,508,000 | 2,880,000 | 4,739,000 | 6,749,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,508,000 | 2,880,000 | 4,739,000 | 6,749,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 70,927,000 | 68,835,000 | 69,568,000 | 71,200,000 |
| Total capital | 75,791,000 | 73,680,000 | 74,255,000 | 75,924,000 |
| Risk-weighted assets | 478,972,000 | 487,071,000 | 483,065,000 | 476,354,000 |