Call reports 2024
AMERICAN EXCHANGE BANK — 2024
What AMERICAN EXCHANGE 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 | 67,837,000 | 67,257,000 | 67,741,000 | 69,271,000 |
| Total loans | 36,861,000 | 40,829,000 | 44,574,000 | 45,078,000 |
| Allowance for loan losses | 422,000 | 421,000 | 471,000 | 628,000 |
| Securities available for sale | 27,889,000 | 23,163,000 | 20,660,000 | 20,096,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,578,000 | 50,596,000 | 51,005,000 | 56,527,000 |
| Interest-bearing deposits | 38,888,000 | 36,487,000 | 35,961,000 | 36,011,000 |
| Noninterest-bearing deposits | 16,690,000 | 14,109,000 | 15,044,000 | 20,516,000 |
| Equity capital | 6,423,000 | 6,549,000 | 6,921,000 | 6,583,000 |
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 | 1,050,000 | 1,817,000 | 2,808,000 | 3,766,000 |
| Interest expense | 297,000 | 602,000 | 949,000 | 1,286,000 |
| Net interest income | 753,000 | 1,215,000 | 1,859,000 | 2,480,000 |
| Noninterest income | 55,000 | 146,000 | 191,000 | 232,000 |
| Noninterest expense | 340,000 | 689,000 | 1,045,000 | 1,632,000 |
| Provision for loan losses | 0 | 0 | 50,000 | 0 |
| Pretax income | 468,000 | 734,000 | 814,000 | 939,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 468,000 | 734,000 | 814,000 | 939,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,196,000 | 7,413,000 | 7,442,000 | 7,218,000 |