Call reports 2024
BENEFICIAL STATE BANK — 2024
What BENEFICIAL STATE 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 | 1,804,242,000 | 1,801,503,000 | 1,895,785,000 | 1,944,646,000 |
| Total loans | 1,263,950,000 | 1,289,184,000 | 1,267,333,000 | 1,279,120,000 |
| Allowance for loan losses | 26,317,000 | 25,600,000 | 25,043,000 | 24,106,000 |
| Securities available for sale | 375,665,000 | 382,592,000 | 392,848,000 | 349,423,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,540,832,000 | 1,519,997,000 | 1,617,524,000 | 1,704,092,000 |
| Interest-bearing deposits | 1,117,674,000 | 1,091,475,000 | 1,182,374,000 | 1,295,592,000 |
| Noninterest-bearing deposits | 423,158,000 | 428,522,000 | 435,150,000 | 408,500,000 |
| Equity capital | 165,517,000 | 169,589,000 | 182,048,000 | 174,122,000 |
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 | 22,268,000 | 45,249,000 | 70,350,000 | 96,506,000 |
| Interest expense | 6,000,000 | 12,039,000 | 18,849,000 | 26,263,000 |
| Net interest income | 16,268,000 | 33,210,000 | 51,501,000 | 70,243,000 |
| Noninterest income | 1,395,000 | 4,876,000 | 8,719,000 | 9,887,000 |
| Noninterest expense | 15,067,000 | 29,715,000 | 45,006,000 | 59,355,000 |
| Provision for loan losses | 1,860,000 | 3,539,000 | 4,172,000 | 8,277,000 |
| Pretax income | 774,000 | 4,941,000 | 11,057,000 | 12,837,000 |
| Income tax | 194,000 | 1,371,000 | 3,114,000 | 3,631,000 |
| Net income | 580,000 | 3,570,000 | 7,943,000 | 9,206,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 228,260,000 | 231,220,000 | 235,555,000 | 234,349,000 |