Call reports 2024
BURLING BANK — 2024
What BURLING 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 | 232,558,000 | 235,905,000 | 227,842,000 | 214,026,000 |
| Total loans | 185,118,000 | 179,169,000 | 183,175,000 | 173,604,000 |
| Allowance for loan losses | 2,378,000 | 2,398,000 | 2,398,000 | 2,818,000 |
| Securities available for sale | 30,380,000 | 29,008,000 | 27,449,000 | 26,118,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 205,909,000 | 208,511,000 | 176,244,000 | 184,652,000 |
| Interest-bearing deposits | 125,009,000 | 109,507,000 | 86,436,000 | 81,469,000 |
| Noninterest-bearing deposits | 80,900,000 | 99,004,000 | 89,808,000 | 103,183,000 |
| Equity capital | 23,696,000 | 24,346,000 | 26,111,000 | 26,808,000 |
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 | 3,489,000 | 6,986,000 | 10,593,000 | 13,994,000 |
| Interest expense | 1,218,000 | 2,198,000 | 3,100,000 | 3,991,000 |
| Net interest income | 2,271,000 | 4,788,000 | 7,493,000 | 10,003,000 |
| Noninterest income | 278,000 | 618,000 | 998,000 | 1,381,000 |
| Noninterest expense | 1,336,000 | 2,725,000 | 4,170,000 | 5,662,000 |
| Provision for loan losses | 60,000 | 80,000 | 80,000 | 500,000 |
| Pretax income | 1,153,000 | 2,601,000 | 4,241,000 | 5,192,000 |
| Income tax | 0 | -5,000 | -5,000 | -5,000 |
| Net income | 1,153,000 | 2,606,000 | 4,246,000 | 5,197,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,353,000 | 25,979,000 | 27,122,000 | 28,073,000 |