Call reports 2024
BANK OF BOTETOURT — 2024
What BANK OF BOTETOURT 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 | 802,227,000 | 794,283,000 | 817,971,000 | 859,237,000 |
| Total loans | 614,622,000 | 637,198,000 | 658,983,000 | 679,579,000 |
| Allowance for loan losses | 7,639,000 | 7,537,000 | 7,821,000 | 7,989,000 |
| Securities available for sale | 81,252,000 | 78,756,000 | 77,767,000 | 73,159,000 |
| Securities held to maturity | 9,950,000 | 10,150,000 | 10,000,000 | 10,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 701,400,000 | 687,913,000 | 708,771,000 | 769,386,000 |
| Interest-bearing deposits | 536,473,000 | 517,251,000 | 541,893,000 | 587,801,000 |
| Noninterest-bearing deposits | 164,927,000 | 170,662,000 | 166,878,000 | 181,585,000 |
| Equity capital | 76,169,000 | 78,274,000 | 81,358,000 | 82,510,000 |
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 | 9,794,000 | 20,047,000 | 30,591,000 | 41,807,000 |
| Interest expense | 3,676,000 | 7,531,000 | 11,552,000 | 15,854,000 |
| Net interest income | 6,118,000 | 12,516,000 | 19,039,000 | 25,953,000 |
| Noninterest income | 1,183,000 | 2,516,000 | 3,867,000 | 5,253,000 |
| Noninterest expense | 4,936,000 | 9,870,000 | 14,913,000 | 20,454,000 |
| Provision for loan losses | 108,000 | 154,000 | 554,000 | 918,000 |
| Pretax income | 2,299,000 | 5,060,000 | 7,480,000 | 9,878,000 |
| Income tax | 471,000 | 1,039,000 | 1,492,000 | 1,936,000 |
| Net income | 1,828,000 | 4,021,000 | 5,988,000 | 7,942,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 82,133,000 | 83,883,000 | 85,405,000 | 86,912,000 |