Call reports 2024
HAPPEN BANK, NATIONAL ASSOCIATION — 2024
What HAPPEN BANK, NATIONAL ASSOCIATION 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 | 9,059,034,000 | 9,424,574,000 | 10,848,251,000 | 10,469,106,000 |
| Total loans | 5,470,837,000 | 5,350,275,000 | 6,239,515,000 | 5,785,396,000 |
| Allowance for loan losses | 259,150,000 | 228,909,000 | 220,564,000 | 236,734,000 |
| Securities available for sale | 2,227,233,000 | 2,814,383,000 | 3,311,418,000 | 3,452,648,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 7,630,455,000 | 8,215,812,000 | 9,532,342,000 | 9,116,821,000 |
| Interest-bearing deposits | 7,214,029,000 | 7,759,632,000 | 9,099,092,000 | 8,676,119,000 |
| Noninterest-bearing deposits | 416,426,000 | 456,180,000 | 433,250,000 | 440,702,000 |
| Equity capital | 1,041,443,000 | 1,064,776,000 | 1,140,157,000 | 1,174,574,000 |
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 | 204,807,000 | 422,621,000 | 662,501,000 | 902,741,000 |
| Interest expense | 84,123,000 | 175,011,000 | 275,016,000 | 373,219,000 |
| Net interest income | 120,684,000 | 247,610,000 | 387,485,000 | 529,522,000 |
| Noninterest income | 52,210,000 | 104,130,000 | 159,648,000 | 230,469,000 |
| Noninterest expense | 126,496,000 | 253,353,000 | 383,038,000 | 521,318,000 |
| Provision for loan losses | 29,246,000 | 65,823,000 | 113,283,000 | 175,430,000 |
| Pretax income | 14,471,000 | 30,899,000 | 49,178,000 | 60,501,000 |
| Income tax | 3,685,000 | 7,557,000 | 11,214,000 | 12,824,000 |
| Net income | 10,786,000 | 23,342,000 | 37,964,000 | 47,677,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 949,361,000 | 964,210,000 | 1,050,847,000 | 1,101,395,000 |
| Total capital | 1,028,555,000 | 1,043,568,000 | 1,142,800,000 | 1,188,459,000 |
| Risk-weighted assets | 6,180,214,000 | 6,206,436,000 | 7,235,073,000 | 6,823,069,000 |