Call reports 2024
SOUTHWEST BANK — 2024
What SOUTHWEST 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 | 664,238,000 | 657,865,000 | 713,303,000 | 690,575,000 |
| Total loans | 485,849,000 | 486,015,000 | 484,655,000 | 500,472,000 |
| Allowance for loan losses | 9,933,000 | 10,464,000 | 10,342,000 | 9,814,000 |
| Securities available for sale | 112,747,000 | 107,199,000 | 103,890,000 | 112,717,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 595,324,000 | 587,655,000 | 635,857,000 | 612,682,000 |
| Interest-bearing deposits | 239,584,000 | 230,516,000 | 252,020,000 | 261,335,000 |
| Noninterest-bearing deposits | 355,740,000 | 357,139,000 | 383,837,000 | 351,347,000 |
| Equity capital | 64,420,000 | 65,168,000 | 71,141,000 | 73,207,000 |
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 | 10,487,000 | 21,961,000 | 34,007,000 | 46,086,000 |
| Interest expense | 1,192,000 | 2,581,000 | 4,018,000 | 5,592,000 |
| Net interest income | 9,295,000 | 19,380,000 | 29,989,000 | 40,494,000 |
| Noninterest income | 1,542,000 | 3,121,000 | 4,772,000 | 6,397,000 |
| Noninterest expense | 6,158,000 | 12,348,000 | 18,852,000 | 25,351,000 |
| Provision for loan losses | 390,000 | 937,000 | 1,327,000 | 2,702,000 |
| Pretax income | 4,289,000 | 9,373,000 | 14,739,000 | 18,995,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 4,218,000 | 9,235,000 | 14,520,000 | 18,707,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 76,935,000 | 77,100,000 | 80,165,000 | 84,300,000 |