Call reports 2024
BESSEMER TRUST COMPANY — 2024
What BESSEMER TRUST COMPANY 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 | 549,044,000 | 502,406,000 | 633,434,000 | 903,519,000 |
| Total loans | 328,663,000 | 313,176,000 | 278,975,000 | 265,998,000 |
| Allowance for loan losses | 0 | 0 | 0 | 0 |
| Securities available for sale | 125,118,000 | 78,541,000 | 112,946,000 | 215,302,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 427,484,000 | 379,739,000 | 501,839,000 | 775,432,000 |
| Interest-bearing deposits | 316,317,000 | 309,613,000 | 253,759,000 | 662,689,000 |
| Noninterest-bearing deposits | 111,167,000 | 70,126,000 | 248,080,000 | 112,743,000 |
| Equity capital | 111,186,000 | 112,376,000 | 117,123,000 | 114,220,000 |
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 | 8,256,000 | 16,537,000 | 24,366,000 | 33,303,000 |
| Interest expense | 3,755,000 | 7,104,000 | 10,893,000 | 16,226,000 |
| Net interest income | 4,501,000 | 9,433,000 | 13,473,000 | 17,077,000 |
| Noninterest income | 28,677,000 | 57,110,000 | 89,593,000 | 123,227,000 |
| Noninterest expense | 22,595,000 | 45,967,000 | 69,307,000 | 92,120,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 10,357,000 | 20,354,000 | 33,553,000 | 47,950,000 |
| Income tax | 2,722,000 | 5,361,000 | 8,747,000 | 12,471,000 |
| Net income | 7,635,000 | 14,993,000 | 24,806,000 | 35,479,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 112,286,000 | 113,944,000 | 117,657,000 | 115,330,000 |
| Total capital | 112,286,000 | 113,944,000 | 117,657,000 | 115,330,000 |
| Risk-weighted assets | 351,918,000 | 339,484,000 | 304,303,000 | 293,569,000 |