Call reports 2024
LUMBEE GUARANTY BANK — 2024
What LUMBEE GUARANTY 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 | 513,827,000 | 517,208,000 | 522,878,000 | 519,894,000 |
| Total loans | 196,259,000 | 204,263,000 | 212,491,000 | 217,970,000 |
| Allowance for loan losses | 1,708,000 | 1,690,000 | 1,541,000 | 1,424,000 |
| Securities available for sale | 110,229,000 | 113,504,000 | 116,835,000 | 111,035,000 |
| Securities held to maturity | 138,889,000 | 137,731,000 | 136,468,000 | 136,029,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 459,487,000 | 463,145,000 | 466,517,000 | 466,099,000 |
| Interest-bearing deposits | 297,366,000 | 301,776,000 | 316,563,000 | 319,963,000 |
| Noninterest-bearing deposits | 162,121,000 | 161,369,000 | 149,954,000 | 146,136,000 |
| Equity capital | 41,971,000 | 43,328,000 | 47,585,000 | 45,132,000 |
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 | 4,977,000 | 10,181,000 | 15,454,000 | 20,848,000 |
| Interest expense | 1,656,000 | 3,434,000 | 5,286,000 | 7,041,000 |
| Net interest income | 3,321,000 | 6,747,000 | 10,168,000 | 13,807,000 |
| Noninterest income | 911,000 | 1,808,000 | 2,467,000 | 3,311,000 |
| Noninterest expense | 2,893,000 | 6,009,000 | 9,245,000 | 12,694,000 |
| Provision for loan losses | -23,000 | -42,000 | -187,000 | -304,000 |
| Pretax income | 1,343,000 | 2,587,000 | 3,592,000 | 4,747,000 |
| Income tax | 142,000 | 262,000 | 327,000 | 898,000 |
| Net income | 1,201,000 | 2,325,000 | 3,265,000 | 3,849,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 56,179,000 | 56,767,000 | 57,622,000 | 57,639,000 |