Call reports 2024
LOGAN BANK & TRUST COMPANY — 2024
What LOGAN BANK & TRUST COMPANY 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 | 344,851,000 | 344,240,000 | 352,800,000 | 349,851,000 |
| Total loans | 159,435,000 | 165,669,000 | 173,202,000 | 172,906,000 |
| Allowance for loan losses | 1,256,000 | 1,301,000 | 1,340,000 | 1,362,000 |
| Securities available for sale | 143,252,000 | 145,739,000 | 145,557,000 | 143,524,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 324,379,000 | 323,258,000 | 327,371,000 | 327,972,000 |
| Interest-bearing deposits | 230,000,000 | 226,813,000 | 233,551,000 | 233,948,000 |
| Noninterest-bearing deposits | 94,379,000 | 96,445,000 | 93,820,000 | 94,024,000 |
| Equity capital | 19,468,000 | 20,277,000 | 24,471,000 | 20,900,000 |
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 | 3,327,000 | 6,838,000 | 10,500,000 | 14,172,000 |
| Interest expense | 830,000 | 1,727,000 | 2,700,000 | 3,701,000 |
| Net interest income | 2,497,000 | 5,111,000 | 7,800,000 | 10,471,000 |
| Noninterest income | 570,000 | 1,156,000 | 1,774,000 | 2,372,000 |
| Noninterest expense | 1,693,000 | 3,408,000 | 5,212,000 | 7,264,000 |
| Provision for loan losses | 0 | 45,000 | 90,000 | 112,000 |
| Pretax income | 1,374,000 | 2,811,000 | 4,269,000 | 5,464,000 |
| Income tax | 269,000 | 553,000 | 848,000 | 996,000 |
| Net income | 1,105,000 | 2,258,000 | 3,421,000 | 4,468,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,124,000 | 34,916,000 | 35,683,000 | 36,116,000 |