Call reports 2024
FALCON NATIONAL BANK — 2024
What FALCON NATIONAL 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 | 886,220,000 | 884,839,000 | 895,429,000 | 978,952,000 |
| Total loans | 787,130,000 | 782,949,000 | 783,451,000 | 785,445,000 |
| Allowance for loan losses | 18,396,000 | 18,201,000 | 17,681,000 | 17,210,000 |
| Securities available for sale | 54,315,000 | 52,435,000 | 51,966,000 | 48,304,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 795,456,000 | 794,412,000 | 802,330,000 | 887,558,000 |
| Interest-bearing deposits | 674,936,000 | 668,952,000 | 668,373,000 | 762,494,000 |
| Noninterest-bearing deposits | 120,520,000 | 125,460,000 | 133,957,000 | 125,064,000 |
| Equity capital | 78,703,000 | 78,981,000 | 81,414,000 | 80,943,000 |
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 | 13,630,000 | 27,513,000 | 41,638,000 | 56,342,000 |
| Interest expense | 6,257,000 | 12,593,000 | 19,068,000 | 25,487,000 |
| Net interest income | 7,373,000 | 14,920,000 | 22,570,000 | 30,855,000 |
| Noninterest income | 625,000 | 1,121,000 | 1,790,000 | 2,942,000 |
| Noninterest expense | 6,427,000 | 12,733,000 | 19,078,000 | 25,818,000 |
| Provision for loan losses | 729,000 | 1,296,000 | 1,786,000 | 2,431,000 |
| Pretax income | 851,000 | 2,058,000 | 3,562,000 | 5,734,000 |
| Income tax | 250,000 | 605,000 | 572,000 | 1,206,000 |
| Net income | 601,000 | 1,453,000 | 2,990,000 | 4,528,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 83,198,000 | 83,482,000 | 84,576,000 | 85,406,000 |