Call reports 2024
ARROW BANK NATIONAL ASSOCIATION — 2024
What ARROW 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 | 3,421,478,000 | 3,325,484,000 | 3,513,281,000 | 4,294,715,000 |
| Total loans | 2,376,958,000 | 2,386,105,000 | 2,366,050,000 | 3,394,541,000 |
| Allowance for loan losses | 21,549,000 | 21,418,000 | 21,210,000 | 33,598,000 |
| Securities available for sale | 349,313,000 | 341,302,000 | 331,801,000 | 463,113,000 |
| Securities held to maturity | 111,225,000 | 91,150,000 | 90,789,000 | 98,261,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,041,446,000 | 2,943,580,000 | 3,118,165,000 | 3,828,264,000 |
| Interest-bearing deposits | 2,496,519,000 | 2,402,165,000 | 2,537,950,000 | 3,125,285,000 |
| Noninterest-bearing deposits | 544,927,000 | 541,415,000 | 580,215,000 | 702,979,000 |
| Equity capital | 284,164,000 | 286,853,000 | 292,767,000 | 400,609,000 |
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 | 36,331,000 | 73,801,000 | 112,357,000 | 194,946,000 |
| Interest expense | 15,252,000 | 31,285,000 | 47,653,000 | 82,577,000 |
| Net interest income | 21,079,000 | 42,516,000 | 64,704,000 | 112,369,000 |
| Noninterest income | 7,322,000 | 14,767,000 | 22,770,000 | 34,952,000 |
| Noninterest expense | 21,151,000 | 41,942,000 | 63,043,000 | 100,632,000 |
| Provision for loan losses | -219,000 | 169,000 | 570,000 | 5,179,000 |
| Pretax income | 7,469,000 | 15,513,000 | 24,071,000 | 38,387,000 |
| Income tax | 1,528,000 | 3,200,000 | 5,089,000 | 8,136,000 |
| Net income | 5,941,000 | 12,313,000 | 18,982,000 | 30,251,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 292,399,000 | 294,269,000 | 293,154,000 | 400,460,000 |
| Total capital | 314,567,000 | 316,181,000 | 314,976,000 | 435,628,000 |
| Risk-weighted assets | 2,244,310,000 | 2,239,987,000 | 2,259,707,000 | 3,114,761,000 |