Call reports 2024
RELIANCE BANK — 2024
What RELIANCE BANK 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 | 270,280,000 | 273,709,000 | 284,040,000 | 294,568,000 |
| Total loans | 234,924,000 | 230,536,000 | 226,226,000 | 234,240,000 |
| Allowance for loan losses | 3,920,000 | 3,974,000 | 3,730,000 | 3,730,000 |
| Securities available for sale | 22,400,000 | 25,578,000 | 34,926,000 | 46,177,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 231,367,000 | 234,280,000 | 236,592,000 | 241,698,000 |
| Interest-bearing deposits | 196,984,000 | 198,558,000 | 202,306,000 | 207,042,000 |
| Noninterest-bearing deposits | 34,383,000 | 35,722,000 | 34,286,000 | 34,656,000 |
| Equity capital | 22,713,000 | 22,884,000 | 24,046,000 | 23,742,000 |
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 | 4,126,000 | 8,159,000 | 12,449,000 | 16,955,000 |
| Interest expense | 1,869,000 | 3,808,000 | 5,863,000 | 7,916,000 |
| Net interest income | 2,257,000 | 4,351,000 | 6,586,000 | 9,039,000 |
| Noninterest income | 232,000 | 412,000 | 648,000 | 898,000 |
| Noninterest expense | 2,000,000 | 4,043,000 | 6,017,000 | 8,180,000 |
| Provision for loan losses | 220,000 | 295,000 | 370,000 | 370,000 |
| Pretax income | 269,000 | 425,000 | 847,000 | 1,387,000 |
| Income tax | 34,000 | 94,000 | 145,000 | 180,000 |
| Net income | 235,000 | 331,000 | 702,000 | 1,207,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,977,000 | 25,075,000 | 25,526,000 | 26,239,000 |