Call reports 2024
FBT BANK & MORTGAGE — 2024
What FBT BANK & MORTGAGE 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 | 251,417,000 | 254,058,000 | 254,594,000 | 253,073,000 |
| Total loans | 141,459,000 | 141,449,000 | 145,002,000 | 149,190,000 |
| Allowance for loan losses | 2,056,000 | 2,018,000 | 2,284,000 | 2,268,000 |
| Securities available for sale | 35,598,000 | 40,899,000 | 40,664,000 | 41,538,000 |
| Securities held to maturity | 28,115,000 | 28,067,000 | 28,019,000 | 27,983,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 218,883,000 | 221,198,000 | 221,892,000 | 222,389,000 |
| Interest-bearing deposits | 162,980,000 | 165,628,000 | 166,864,000 | 165,383,000 |
| Noninterest-bearing deposits | 55,903,000 | 55,570,000 | 55,028,000 | 57,006,000 |
| Equity capital | 12,838,000 | 12,874,000 | 15,031,000 | 12,942,000 |
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 | 3,442,000 | 7,043,000 | 10,746,000 | 14,505,000 |
| Interest expense | 1,293,000 | 2,677,000 | 4,172,000 | 5,630,000 |
| Net interest income | 2,149,000 | 4,366,000 | 6,574,000 | 8,875,000 |
| Noninterest income | 454,000 | 896,000 | 1,684,000 | 2,422,000 |
| Noninterest expense | 1,807,000 | 3,924,000 | 5,956,000 | 9,144,000 |
| Provision for loan losses | 0 | 0 | 250,000 | 250,000 |
| Pretax income | 796,000 | 1,338,000 | 2,130,000 | 1,793,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 796,000 | 1,338,000 | 2,130,000 | 1,793,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,544,000 | 24,586,000 | 25,378,000 | 25,040,000 |