Call reports 2024
TIME BANK — 2024
What TIME 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 | 481,630,000 | 463,148,000 | 481,632,000 | 710,443,000 |
| Total loans | 383,542,000 | 359,982,000 | 366,481,000 | 450,327,000 |
| Allowance for loan losses | 7,320,000 | 7,572,000 | 7,450,000 | 8,132,000 |
| Securities available for sale | 77,637,000 | 77,258,000 | 71,706,000 | 77,406,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 378,241,000 | 379,610,000 | 392,522,000 | 603,706,000 |
| Interest-bearing deposits | 280,611,000 | 285,016,000 | 292,467,000 | 460,224,000 |
| Noninterest-bearing deposits | 97,630,000 | 94,594,000 | 100,055,000 | 143,482,000 |
| Equity capital | 70,402,000 | 71,887,000 | 74,343,000 | 84,691,000 |
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 | 7,520,000 | 14,712,000 | 21,977,000 | 29,364,000 |
| Interest expense | 2,330,000 | 4,474,000 | 6,621,000 | 8,663,000 |
| Net interest income | 5,190,000 | 10,238,000 | 15,356,000 | 20,701,000 |
| Noninterest income | 159,000 | 329,000 | 512,000 | 687,000 |
| Noninterest expense | 2,311,000 | 4,650,000 | 7,146,000 | 10,547,000 |
| Provision for loan losses | 150,000 | 350,000 | 229,000 | 514,000 |
| Pretax income | 2,888,000 | 5,717,000 | 8,522,000 | 10,701,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,888,000 | 5,717,000 | 8,522,000 | 10,701,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 73,154,000 | 74,383,000 | 75,738,000 | 70,130,000 |