Call reports 2024
COTTONPORT BANK, THE — 2024
What COTTONPORT BANK, THE 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 | 486,956,000 | 491,472,000 | 512,781,000 | 528,009,000 |
| Total loans | 308,158,000 | 319,840,000 | 330,241,000 | 331,380,000 |
| Allowance for loan losses | 5,223,000 | 5,225,000 | 5,096,000 | 5,082,000 |
| Securities available for sale | 101,419,000 | 103,160,000 | 105,693,000 | 116,275,000 |
| Securities held to maturity | 500,000 | 600,000 | 457,000 | 457,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 427,192,000 | 431,031,000 | 447,777,000 | 462,862,000 |
| Interest-bearing deposits | 251,161,000 | 252,506,000 | 270,607,000 | 276,275,000 |
| Noninterest-bearing deposits | 176,031,000 | 178,525,000 | 177,170,000 | 186,587,000 |
| Equity capital | 58,013,000 | 59,024,000 | 63,040,000 | 63,257,000 |
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 | 6,157,000 | 12,602,000 | 19,391,000 | 26,562,000 |
| Interest expense | 1,510,000 | 3,236,000 | 5,188,000 | 7,279,000 |
| Net interest income | 4,647,000 | 9,366,000 | 14,203,000 | 19,283,000 |
| Noninterest income | 973,000 | 1,991,000 | 2,967,000 | 3,933,000 |
| Noninterest expense | 3,518,000 | 7,014,000 | 10,703,000 | 14,628,000 |
| Provision for loan losses | 0 | 0 | 0 | 90,000 |
| Pretax income | 2,102,000 | 4,343,000 | 6,467,000 | 8,498,000 |
| Income tax | 417,000 | 914,000 | 1,368,000 | 1,818,000 |
| Net income | 1,685,000 | 3,429,000 | 5,099,000 | 6,680,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 65,562,000 | 66,264,000 | 67,934,000 | 69,516,000 |