Call reports 2024
BANKNEWPORT — 2024
What BANKNEWPORT 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 | 2,700,895,000 | 2,767,743,000 | 2,750,853,000 | 2,795,365,000 |
| Total loans | 2,166,713,000 | 2,201,339,000 | 2,234,658,000 | 2,297,961,000 |
| Allowance for loan losses | 14,444,000 | 14,149,000 | 15,635,000 | 18,126,000 |
| Securities available for sale | 394,904,000 | 381,125,000 | 384,770,000 | 367,812,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,178,678,000 | 2,221,270,000 | 2,221,720,000 | 2,269,959,000 |
| Interest-bearing deposits | 1,708,556,000 | 1,747,830,000 | 1,757,839,000 | 1,801,407,000 |
| Noninterest-bearing deposits | 470,122,000 | 473,440,000 | 463,881,000 | 468,552,000 |
| Equity capital | 258,778,000 | 260,806,000 | 274,920,000 | 272,013,000 |
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 | 33,725,000 | 68,117,000 | 104,441,000 | 140,686,000 |
| Interest expense | 13,924,000 | 28,384,000 | 43,367,000 | 58,456,000 |
| Net interest income | 19,801,000 | 39,733,000 | 61,074,000 | 82,230,000 |
| Noninterest income | 2,910,000 | 6,684,000 | 10,493,000 | 14,283,000 |
| Noninterest expense | 17,917,000 | 35,603,000 | 53,116,000 | 70,750,000 |
| Provision for loan losses | 3,493,000 | 8,030,000 | 10,358,000 | 13,656,000 |
| Pretax income | 1,250,000 | 2,859,000 | 8,179,000 | 12,187,000 |
| Income tax | -386,000 | 17,000 | 1,154,000 | 2,019,000 |
| Net income | 1,636,000 | 2,842,000 | 7,025,000 | 10,168,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 295,832,000 | 297,064,000 | 301,273,000 | 304,441,000 |
| Total capital | 310,416,000 | 311,223,000 | 316,939,000 | 322,577,000 |
| Risk-weighted assets | 2,287,557,000 | 2,297,543,000 | 2,287,336,000 | 2,351,673,000 |