Call reports 2024
NEW REPUBLIC BANK — 2024
What NEW REPUBLIC 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 | 144,842,000 | 147,662,000 | 154,572,000 | 179,247,000 |
| Total loans | 115,540,000 | 129,130,000 | 131,625,000 | 138,865,000 |
| Allowance for loan losses | 1,029,000 | 1,136,000 | 1,166,000 | 1,203,000 |
| Securities available for sale | 7,147,000 | 6,914,000 | 6,923,000 | 6,511,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 115,532,000 | 128,713,000 | 135,729,000 | 146,556,000 |
| Interest-bearing deposits | 100,525,000 | 115,123,000 | 119,366,000 | 129,963,000 |
| Noninterest-bearing deposits | 15,008,000 | 13,591,000 | 16,363,000 | 16,593,000 |
| Equity capital | 17,953,000 | 17,599,000 | 17,365,000 | 15,922,000 |
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 | 1,984,000 | 4,120,000 | 6,390,000 | 8,737,000 |
| Interest expense | 1,203,000 | 2,472,000 | 3,904,000 | 5,330,000 |
| Net interest income | 781,000 | 1,648,000 | 2,486,000 | 3,407,000 |
| Noninterest income | 31,000 | 64,000 | 101,000 | 137,000 |
| Noninterest expense | 1,297,000 | 2,539,000 | 3,803,000 | 5,050,000 |
| Provision for loan losses | 16,000 | 123,000 | 153,000 | 190,000 |
| Pretax income | -501,000 | -950,000 | -1,374,000 | -1,705,000 |
| Income tax | -119,000 | -199,000 | -199,000 | 776,000 |
| Net income | -382,000 | -751,000 | -1,175,000 | -2,481,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,585,000 | 17,146,000 | 16,785,000 | 16,411,000 |
| Total capital | 18,658,000 | 18,320,000 | 17,995,000 | 17,662,000 |
| Risk-weighted assets | 102,371,000 | 108,253,000 | 110,671,000 | 119,311,000 |