Call reports 2024
SMARTBIZ BANK, N.A. — 2024
What SMARTBIZ BANK, N.A. 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 | 150,558,000 | 146,103,000 | 151,433,000 | 148,148,000 |
| Total loans | 101,076,000 | 101,886,000 | 103,818,000 | 107,489,000 |
| Allowance for loan losses | 1,569,000 | 1,514,000 | 1,324,000 | 1,313,000 |
| Securities available for sale | 20,891,000 | 20,001,000 | 19,534,000 | 18,527,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 121,591,000 | 117,679,000 | 122,943,000 | 123,174,000 |
| Interest-bearing deposits | 101,009,000 | 98,501,000 | 102,975,000 | 104,051,000 |
| Noninterest-bearing deposits | 20,582,000 | 19,178,000 | 19,968,000 | 19,123,000 |
| Equity capital | 20,198,000 | 20,268,000 | 20,990,000 | 20,880,000 |
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 | 2,499,000 | 4,883,000 | 7,478,000 | 9,947,000 |
| Interest expense | 1,159,000 | 2,278,000 | 3,482,000 | 4,654,000 |
| Net interest income | 1,340,000 | 2,605,000 | 3,996,000 | 5,293,000 |
| Noninterest income | 255,000 | 514,000 | 780,000 | 923,000 |
| Noninterest expense | 1,564,000 | 3,076,000 | 4,309,000 | 5,843,000 |
| Provision for loan losses | 0 | -55,000 | -155,000 | -362,000 |
| Pretax income | 13,000 | 89,000 | 636,000 | 737,000 |
| Income tax | 4,000 | 24,000 | 181,000 | 210,000 |
| Net income | 9,000 | 65,000 | 455,000 | 527,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,020,000 | 17,783,000 | 18,325,000 | 18,416,000 |
| Total capital | 19,409,000 | 19,162,000 | 19,701,000 | 19,786,000 |
| Risk-weighted assets | 110,848,000 | 110,117,000 | 110,044,000 | 112,218,000 |