Call reports 2024
TC FEDERAL BANK — 2024
What TC FEDERAL 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 | 474,572,000 | 482,594,000 | 517,433,000 | 515,940,000 |
| Total loans | 381,838,000 | 387,396,000 | 392,543,000 | 409,960,000 |
| Allowance for loan losses | 4,889,000 | 4,954,000 | 5,211,000 | 5,152,000 |
| Securities available for sale | 49,124,000 | 51,427,000 | 63,157,000 | 71,991,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 388,641,000 | 395,931,000 | 429,277,000 | 434,089,000 |
| Interest-bearing deposits | 327,683,000 | 343,181,000 | 370,245,000 | 377,266,000 |
| Noninterest-bearing deposits | 60,958,000 | 52,750,000 | 59,032,000 | 56,823,000 |
| Equity capital | 65,942,000 | 66,372,000 | 67,849,000 | 68,173,000 |
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 | 6,045,000 | 12,434,000 | 19,222,000 | 26,279,000 |
| Interest expense | 2,656,000 | 5,442,000 | 8,547,000 | 11,707,000 |
| Net interest income | 3,389,000 | 6,992,000 | 10,675,000 | 14,572,000 |
| Noninterest income | 239,000 | 460,000 | 704,000 | 962,000 |
| Noninterest expense | 3,521,000 | 7,089,000 | 10,644,000 | 14,334,000 |
| Provision for loan losses | 30,000 | 144,000 | 144,000 | -56,000 |
| Pretax income | 50,000 | 160,000 | 426,000 | 946,000 |
| Income tax | 9,000 | 34,000 | 99,000 | 226,000 |
| Net income | 41,000 | 126,000 | 327,000 | 720,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 68,662,000 | 68,945,000 | 69,365,000 | 70,650,000 |
| Total capital | 73,113,000 | 73,465,000 | 74,020,000 | 75,512,000 |
| Risk-weighted assets | 355,503,000 | 361,026,000 | 371,582,000 | 388,224,000 |