Call reports 2024
CARTER BANK & TRUST — 2024
What CARTER BANK & TRUST 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 | 4,551,581,000 | 4,528,828,000 | 4,609,509,000 | 4,652,625,000 |
| Total loans | 3,509,071,000 | 3,549,521,000 | 3,596,251,000 | 3,624,826,000 |
| Allowance for loan losses | 96,536,000 | 96,686,000 | 80,909,000 | 75,600,000 |
| Securities available for sale | 768,832,000 | 746,325,000 | 742,635,000 | 718,400,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 19,722,000 | 19,587,000 | 13,754,000 | 17,354,000 |
| Total deposits | 3,830,920,000 | 3,881,771,000 | 4,085,126,000 | 4,153,774,000 |
| Interest-bearing deposits | 3,715,975,000 | 3,768,659,000 | 3,946,136,000 | 4,013,304,000 |
| Noninterest-bearing deposits | 114,945,000 | 113,112,000 | 138,990,000 | 140,470,000 |
| Equity capital | 355,454,000 | 360,419,000 | 382,992,000 | 377,395,000 |
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 | 54,049,000 | 108,632,000 | 165,227,000 | 221,729,000 |
| Interest expense | 25,630,000 | 52,121,000 | 79,918,000 | 107,272,000 |
| Net interest income | 28,419,000 | 56,511,000 | 85,309,000 | 114,457,000 |
| Noninterest income | 5,668,000 | 11,526,000 | 17,618,000 | 23,393,000 |
| Noninterest expense | 26,157,000 | 53,142,000 | 80,609,000 | 109,005,000 |
| Provision for loan losses | 16,000 | 507,000 | 75,000 | -5,039,000 |
| Pretax income | 7,957,000 | 14,766,000 | 22,574,000 | 34,000,000 |
| Income tax | 1,575,000 | 2,882,000 | 4,445,000 | 7,002,000 |
| Net income | 6,382,000 | 11,884,000 | 18,129,000 | 26,998,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 425,250,000 | 430,052,000 | 436,297,000 | 441,916,000 |
| Total capital | 475,071,000 | 480,161,000 | 487,446,000 | 493,759,000 |
| Risk-weighted assets | 3,935,849,000 | 3,959,269,000 | 4,059,068,000 | 4,120,495,000 |