Call reports 2024
C3BANK, NATIONAL ASSOCIATION — 2024
What C3BANK, NATIONAL ASSOCIATION 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 | 883,174,000 | 772,759,000 | 809,231,000 | 950,499,000 |
| Total loans | 573,425,000 | 607,036,000 | 586,510,000 | 562,939,000 |
| Allowance for loan losses | 7,731,000 | 8,143,000 | 8,143,000 | 7,943,000 |
| Securities available for sale | 3,107,000 | 3,085,000 | 2,950,000 | 2,925,000 |
| Securities held to maturity | 41,393,000 | 25,821,000 | 25,266,000 | 26,938,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 742,722,000 | 669,316,000 | 707,130,000 | 848,131,000 |
| Interest-bearing deposits | 431,553,000 | 438,174,000 | 452,574,000 | 454,600,000 |
| Noninterest-bearing deposits | 311,169,000 | 231,142,000 | 254,556,000 | 393,531,000 |
| Equity capital | 80,801,000 | 81,190,000 | 83,422,000 | 85,732,000 |
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 | 12,080,000 | 24,265,000 | 36,061,000 | 48,042,000 |
| Interest expense | 4,391,000 | 8,543,000 | 12,506,000 | 16,739,000 |
| Net interest income | 7,689,000 | 15,722,000 | 23,555,000 | 31,303,000 |
| Noninterest income | 205,000 | 438,000 | 653,000 | 882,000 |
| Noninterest expense | 4,347,000 | 8,290,000 | 12,716,000 | 17,199,000 |
| Provision for loan losses | 0 | 412,000 | 412,000 | 212,000 |
| Pretax income | 3,547,000 | 7,458,000 | 11,080,000 | 14,774,000 |
| Income tax | 1,073,000 | 2,251,000 | 3,348,000 | 4,474,000 |
| Net income | 2,474,000 | 5,207,000 | 7,732,000 | 10,300,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 80,928,000 | 81,303,000 | 83,520,000 | 85,779,000 |
| Total capital | 88,173,000 | 88,808,000 | 90,552,000 | 92,535,000 |
| Risk-weighted assets | 578,742,000 | 599,396,000 | 561,113,000 | 538,854,000 |