Call reports 2024
NEW FRONTIER BANK — 2024
What NEW FRONTIER 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 | 146,717,000 | 148,958,000 | 163,073,000 | 168,955,000 |
| Total loans | 104,688,000 | 106,536,000 | 112,340,000 | 114,546,000 |
| Allowance for loan losses | 1,145,000 | 1,125,000 | 1,171,000 | 1,129,000 |
| Securities available for sale | 22,266,000 | 21,140,000 | 21,060,000 | 22,017,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 132,436,000 | 134,213,000 | 147,624,000 | 154,045,000 |
| Interest-bearing deposits | 104,511,000 | 103,266,000 | 115,779,000 | 121,195,000 |
| Noninterest-bearing deposits | 27,925,000 | 30,947,000 | 31,845,000 | 32,850,000 |
| Equity capital | 13,685,000 | 14,022,000 | 14,489,000 | 14,340,000 |
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 | 1,878,000 | 3,867,000 | 5,952,000 | 8,185,000 |
| Interest expense | 711,000 | 1,465,000 | 2,359,000 | 3,346,000 |
| Net interest income | 1,167,000 | 2,402,000 | 3,593,000 | 4,839,000 |
| Noninterest income | 55,000 | 125,000 | 202,000 | 268,000 |
| Noninterest expense | 971,000 | 1,999,000 | 3,099,000 | 4,092,000 |
| Provision for loan losses | -14,000 | -34,000 | 12,000 | -31,000 |
| Pretax income | 248,000 | 525,000 | 693,000 | 1,012,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 248,000 | 525,000 | 693,000 | 1,012,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,798,000 | 14,994,000 | 15,082,000 | 15,320,000 |
| Total capital | 15,982,000 | 16,178,000 | 16,266,000 | 16,505,000 |
| Risk-weighted assets | 126,206,000 | 126,688,000 | 136,362,000 | 140,172,000 |