Call reports 2024
COMMUNITY BANK OF MEMPHIS — 2024
What COMMUNITY BANK OF MEMPHIS 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 | 48,620,000 | 50,072,000 | 50,441,000 | 53,296,000 |
| Total loans | 27,273,000 | 28,465,000 | 27,315,000 | 26,889,000 |
| Allowance for loan losses | 688,000 | 695,000 | 703,000 | 710,000 |
| Securities available for sale | 15,156,000 | 15,018,000 | 14,870,000 | 15,560,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,528,000 | 42,830,000 | 42,817,000 | 45,633,000 |
| Interest-bearing deposits | 30,012,000 | 29,895,000 | 30,504,000 | 31,438,000 |
| Noninterest-bearing deposits | 11,516,000 | 12,935,000 | 12,313,000 | 14,195,000 |
| Equity capital | 6,929,000 | 7,096,000 | 7,445,000 | 7,513,000 |
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 | 469,000 | 952,000 | 1,456,000 | 1,994,000 |
| Interest expense | 112,000 | 239,000 | 392,000 | 554,000 |
| Net interest income | 357,000 | 713,000 | 1,064,000 | 1,440,000 |
| Noninterest income | 35,000 | 50,000 | 69,000 | 83,000 |
| Noninterest expense | 272,000 | 521,000 | 781,000 | 1,020,000 |
| Provision for loan losses | 8,000 | 15,000 | 23,000 | 30,000 |
| Pretax income | 112,000 | 227,000 | 329,000 | 473,000 |
| Income tax | 28,000 | 56,000 | 80,000 | 110,000 |
| Net income | 84,000 | 171,000 | 249,000 | 363,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,996,000 | 7,082,000 | 7,160,000 | 7,275,000 |