Call reports 2024
ACB BANK — 2024
What ACB 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 | 136,070,000 | 137,835,000 | 135,300,000 | 137,577,000 |
| Total loans | 106,233,000 | 104,205,000 | 103,802,000 | 102,227,000 |
| Allowance for loan losses | 2,991,000 | 2,947,000 | 2,287,000 | 2,111,000 |
| Securities available for sale | 18,930,000 | 17,382,000 | 16,703,000 | 17,805,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 115,588,000 | 113,217,000 | 110,147,000 | 112,994,000 |
| Interest-bearing deposits | 95,286,000 | 93,399,000 | 90,909,000 | 93,633,000 |
| Noninterest-bearing deposits | 20,302,000 | 19,818,000 | 19,238,000 | 19,361,000 |
| Equity capital | 14,022,000 | 14,168,000 | 14,805,000 | 14,303,000 |
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 | 2,064,000 | 4,147,000 | 6,240,000 | 8,287,000 |
| Interest expense | 901,000 | 1,791,000 | 2,712,000 | 3,633,000 |
| Net interest income | 1,163,000 | 2,356,000 | 3,528,000 | 4,654,000 |
| Noninterest income | 135,000 | 273,000 | 425,000 | 626,000 |
| Noninterest expense | 856,000 | 1,718,000 | 2,640,000 | 3,548,000 |
| Provision for loan losses | 225,000 | 475,000 | 575,000 | 875,000 |
| Pretax income | 217,000 | 436,000 | 738,000 | 857,000 |
| Income tax | -83,000 | -83,000 | -83,000 | -83,000 |
| Net income | 300,000 | 519,000 | 821,000 | 940,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,588,000 | 15,689,000 | 15,874,000 | 15,876,000 |