Call reports 2024
RESOURCE BANK — 2024
What RESOURCE 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 | 1,005,278,000 | 1,001,080,000 | 973,854,000 | 956,235,000 |
| Total loans | 754,075,000 | 756,245,000 | 760,267,000 | 769,621,000 |
| Allowance for loan losses | 4,657,000 | 4,663,000 | 4,690,000 | 4,738,000 |
| Securities available for sale | 169,858,000 | 161,817,000 | 157,805,000 | 131,426,000 |
| Securities held to maturity | 4,865,000 | 4,869,000 | 4,874,000 | 4,879,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 753,161,000 | 774,558,000 | 785,110,000 | 788,929,000 |
| Interest-bearing deposits | 557,673,000 | 579,790,000 | 594,410,000 | 602,551,000 |
| Noninterest-bearing deposits | 195,488,000 | 194,768,000 | 190,700,000 | 186,378,000 |
| Equity capital | 102,821,000 | 104,406,000 | 108,595,000 | 108,723,000 |
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 | 12,542,000 | 25,290,000 | 38,368,000 | 51,522,000 |
| Interest expense | 4,590,000 | 9,444,000 | 14,267,000 | 18,816,000 |
| Net interest income | 7,952,000 | 15,846,000 | 24,101,000 | 32,706,000 |
| Noninterest income | 490,000 | 983,000 | 1,529,000 | 2,008,000 |
| Noninterest expense | 6,252,000 | 12,393,000 | 18,967,000 | 25,107,000 |
| Provision for loan losses | 8,000 | 13,000 | 40,000 | 94,000 |
| Pretax income | 2,172,000 | 4,405,000 | 6,605,000 | 9,490,000 |
| Income tax | 75,000 | 578,000 | 1,074,000 | 1,744,000 |
| Net income | 2,097,000 | 3,827,000 | 5,531,000 | 7,746,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 111,807,000 | 112,713,000 | 113,917,000 | 114,708,000 |