Call reports 2024
BANK OF LUXEMBURG — 2024
What BANK OF LUXEMBURG 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 | 664,987,000 | 661,092,000 | 675,533,000 | 675,867,000 |
| Total loans | 506,841,000 | 506,766,000 | 505,007,000 | 510,010,000 |
| Allowance for loan losses | 4,868,000 | 4,888,000 | 4,785,000 | 4,780,000 |
| Securities available for sale | 114,090,000 | 112,795,000 | 118,401,000 | 119,209,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 575,764,000 | 581,727,000 | 585,752,000 | 594,106,000 |
| Interest-bearing deposits | 489,759,000 | 490,174,000 | 490,794,000 | 498,524,000 |
| Noninterest-bearing deposits | 86,005,000 | 91,553,000 | 94,958,000 | 95,582,000 |
| Equity capital | 44,409,000 | 45,102,000 | 50,012,000 | 46,823,000 |
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 | 8,378,000 | 17,019,000 | 26,000,000 | 35,085,000 |
| Interest expense | 3,317,000 | 6,839,000 | 10,478,000 | 13,952,000 |
| Net interest income | 5,061,000 | 10,180,000 | 15,522,000 | 21,133,000 |
| Noninterest income | 925,000 | 1,920,000 | 2,528,000 | 3,295,000 |
| Noninterest expense | 4,498,000 | 8,838,000 | 13,241,000 | 19,243,000 |
| Provision for loan losses | 0 | 150,000 | 150,000 | 150,000 |
| Pretax income | 1,468,000 | 3,092,000 | 4,639,000 | 5,015,000 |
| Income tax | 218,000 | 467,000 | 670,000 | 934,000 |
| Net income | 1,250,000 | 2,625,000 | 3,969,000 | 4,081,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,643,000 | 58,724,000 | 60,071,000 | 59,882,000 |
| Total capital | 62,511,000 | 63,612,000 | 64,855,000 | 64,662,000 |
| Risk-weighted assets | 537,763,000 | 540,537,000 | 547,482,000 | 555,188,000 |