Call reports 2024
IVES BANK — 2024
What IVES 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 | 1,575,934,000 | 1,625,518,000 | 1,635,240,000 | 1,645,117,000 |
| Total loans | 1,326,324,000 | 1,362,574,000 | 1,361,752,000 | 1,369,131,000 |
| Allowance for loan losses | 19,688,000 | 19,890,000 | 16,978,000 | 16,992,000 |
| Securities available for sale | 110,732,000 | 100,242,000 | 114,750,000 | 125,157,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,140,431,000 | 1,148,954,000 | 1,196,036,000 | 1,267,182,000 |
| Interest-bearing deposits | 976,503,000 | 815,091,000 | 1,020,325,000 | 1,058,979,000 |
| Noninterest-bearing deposits | 163,928,000 | 333,863,000 | 175,711,000 | 208,203,000 |
| Equity capital | 193,998,000 | 197,939,000 | 204,201,000 | 204,929,000 |
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 | 18,877,000 | 39,137,000 | 60,079,000 | 81,218,000 |
| Interest expense | 8,348,000 | 17,491,000 | 27,351,000 | 36,612,000 |
| Net interest income | 10,529,000 | 21,646,000 | 32,728,000 | 44,606,000 |
| Noninterest income | 1,663,000 | 3,755,000 | 6,173,000 | 7,990,000 |
| Noninterest expense | 8,186,000 | 16,966,000 | 26,127,000 | 35,852,000 |
| Provision for loan losses | 246,000 | 53,000 | -362,000 | -440,000 |
| Pretax income | 4,286,000 | 9,021,000 | 14,263,000 | 18,297,000 |
| Income tax | 878,000 | 1,843,000 | 2,930,000 | 3,730,000 |
| Net income | 3,408,000 | 7,178,000 | 11,333,000 | 14,567,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 199,785,000 | 203,555,000 | 207,709,000 | 210,793,000 |