Call reports 2024
ASCEND BANK — 2024
What ASCEND 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 | 1,109,331,000 | 1,123,556,000 | 1,153,526,000 | 1,161,835,000 |
| Total loans | 821,548,000 | 834,729,000 | 852,894,000 | 859,116,000 |
| Allowance for loan losses | 4,843,000 | 4,927,000 | 5,032,000 | 5,417,000 |
| Securities available for sale | 178,992,000 | 174,381,000 | 185,159,000 | 178,574,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 951,871,000 | 984,262,000 | 1,009,229,000 | 1,018,714,000 |
| Interest-bearing deposits | 851,458,000 | 880,917,000 | 908,369,000 | 914,052,000 |
| Noninterest-bearing deposits | 100,413,000 | 103,345,000 | 100,860,000 | 104,662,000 |
| Equity capital | 114,319,000 | 114,565,000 | 118,435,000 | 117,772,000 |
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 | 11,691,000 | 23,351,000 | 35,650,000 | 48,339,000 |
| Interest expense | 5,298,000 | 10,654,000 | 16,471,000 | 22,030,000 |
| Net interest income | 6,393,000 | 12,697,000 | 19,179,000 | 26,309,000 |
| Noninterest income | 1,550,000 | 3,219,000 | 4,934,000 | 6,773,000 |
| Noninterest expense | 7,435,000 | 15,157,000 | 22,682,000 | 30,666,000 |
| Provision for loan losses | 436,000 | 513,000 | 618,000 | 1,003,000 |
| Pretax income | 554,000 | 764,000 | 2,059,000 | 2,199,000 |
| Income tax | 99,000 | 87,000 | 283,000 | 235,000 |
| Net income | 455,000 | 677,000 | 1,776,000 | 1,964,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 126,439,000 | 126,719,000 | 127,863,000 | 128,095,000 |