Call reports 2024
MAINSTREET COMMUNITY BANK OF FLORIDA — 2024
What MAINSTREET COMMUNITY BANK OF FLORIDA 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 | 788,555,000 | 807,304,000 | 839,200,000 | 832,236,000 |
| Total loans | 524,216,000 | 557,176,000 | 589,433,000 | 598,059,000 |
| Allowance for loan losses | 6,028,000 | 6,985,000 | 7,344,000 | 7,451,000 |
| Securities available for sale | 188,381,000 | 187,795,000 | 185,404,000 | 170,768,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 710,352,000 | 736,838,000 | 749,471,000 | 751,837,000 |
| Interest-bearing deposits | 476,629,000 | 497,318,000 | 508,200,000 | 523,065,000 |
| Noninterest-bearing deposits | 233,723,000 | 239,520,000 | 241,271,000 | 228,772,000 |
| Equity capital | 56,356,000 | 58,393,000 | 64,724,000 | 63,858,000 |
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 | 8,559,000 | 17,519,000 | 27,447,000 | 37,678,000 |
| Interest expense | 2,796,000 | 5,862,000 | 9,297,000 | 12,677,000 |
| Net interest income | 5,763,000 | 11,657,000 | 18,150,000 | 25,001,000 |
| Noninterest income | 658,000 | 1,443,000 | 2,195,000 | 2,909,000 |
| Noninterest expense | 4,733,000 | 9,457,000 | 14,113,000 | 19,293,000 |
| Provision for loan losses | 0 | 964,000 | 1,334,000 | 1,454,000 |
| Pretax income | 1,688,000 | 2,679,000 | 4,898,000 | 7,163,000 |
| Income tax | 349,000 | 635,000 | 1,170,000 | 1,723,000 |
| Net income | 1,339,000 | 2,044,000 | 3,728,000 | 5,440,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 72,013,000 | 72,718,000 | 74,401,000 | 76,514,000 |