Call reports 2024
SPIRITBANK — 2024
What SPIRITBANK 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 | 776,804,000 | 766,232,000 | 778,233,000 | 759,984,000 |
| Total loans | 607,391,000 | 607,947,000 | 607,307,000 | 611,727,000 |
| Allowance for loan losses | 11,726,000 | 10,487,000 | 11,916,000 | 7,939,000 |
| Securities available for sale | 73,775,000 | 79,757,000 | 87,400,000 | 96,829,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 689,740,000 | 678,211,000 | 687,383,000 | 671,819,000 |
| Interest-bearing deposits | 544,842,000 | 533,219,000 | 542,421,000 | 530,321,000 |
| Noninterest-bearing deposits | 144,898,000 | 144,992,000 | 144,962,000 | 141,498,000 |
| Equity capital | 79,276,000 | 79,934,000 | 81,950,000 | 80,415,000 |
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 | 11,155,000 | 22,616,000 | 34,173,000 | 45,921,000 |
| Interest expense | 4,912,000 | 9,737,000 | 14,468,000 | 18,934,000 |
| Net interest income | 6,243,000 | 12,879,000 | 19,705,000 | 26,987,000 |
| Noninterest income | 1,991,000 | 2,821,000 | 3,699,000 | 4,315,000 |
| Noninterest expense | 5,248,000 | 10,498,000 | 15,851,000 | 21,422,000 |
| Provision for loan losses | 2,000,000 | 3,545,000 | 5,095,000 | 7,595,000 |
| Pretax income | 866,000 | 1,527,000 | 2,328,000 | 2,045,000 |
| Income tax | 223,000 | 442,000 | 683,000 | 657,000 |
| Net income | 643,000 | 1,085,000 | 1,645,000 | 1,388,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 81,285,000 | 81,727,000 | 82,288,000 | 82,031,000 |
| Total capital | 89,094,000 | 89,581,000 | 90,072,000 | 89,886,000 |
| Risk-weighted assets | 620,718,000 | 625,572,000 | 618,487,000 | 628,107,000 |