Call reports 2024
AMERICAN BUSINESS BANK — 2024
What AMERICAN BUSINESS 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 | 3,876,175,000 | 3,928,649,000 | 4,119,989,000 | 4,040,343,000 |
| Total loans | 2,572,659,000 | 2,601,044,000 | 2,623,091,000 | 2,750,567,000 |
| Allowance for loan losses | 28,335,000 | 28,843,000 | 29,105,000 | 30,448,000 |
| Securities available for sale | 580,207,000 | 566,947,000 | 566,521,000 | 538,274,000 |
| Securities held to maturity | 560,929,000 | 557,032,000 | 553,106,000 | 544,861,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,309,015,000 | 3,457,207,000 | 3,715,339,000 | 3,644,001,000 |
| Interest-bearing deposits | 1,707,220,000 | 1,859,781,000 | 1,969,848,000 | 1,999,366,000 |
| Noninterest-bearing deposits | 1,601,795,000 | 1,597,426,000 | 1,745,491,000 | 1,644,635,000 |
| Equity capital | 315,975,000 | 330,872,000 | 357,542,000 | 354,778,000 |
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 | 41,572,000 | 84,199,000 | 129,018,000 | 175,234,000 |
| Interest expense | 12,153,000 | 25,741,000 | 39,191,000 | 51,265,000 |
| Net interest income | 29,419,000 | 58,458,000 | 89,827,000 | 123,969,000 |
| Noninterest income | 2,225,000 | 4,311,000 | 6,810,000 | 9,416,000 |
| Noninterest expense | 16,773,000 | 34,288,000 | 52,573,000 | 70,828,000 |
| Provision for loan losses | -226,000 | 224,000 | 490,000 | 1,840,000 |
| Pretax income | 14,549,000 | 27,751,000 | 42,746,000 | 60,182,000 |
| Income tax | 4,052,000 | 7,755,000 | 11,970,000 | 16,905,000 |
| Net income | 10,497,000 | 19,996,000 | 30,776,000 | 43,277,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 395,378,000 | 405,605,000 | 416,997,000 | 430,182,000 |
| Total capital | 425,800,000 | 436,097,000 | 447,485,000 | 461,423,000 |
| Risk-weighted assets | 3,373,583,000 | 3,396,082,000 | 3,443,944,000 | 3,542,635,000 |