Call reports 2024
PARTNERS BANK — 2024
What PARTNERS 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 | 282,127,000 | 281,254,000 | 292,821,000 | 276,284,000 |
| Total loans | 171,859,000 | 175,285,000 | 175,477,000 | 176,448,000 |
| Allowance for loan losses | 2,322,000 | 2,327,000 | 2,328,000 | 2,334,000 |
| Securities available for sale | 69,479,000 | 69,931,000 | 72,479,000 | 70,746,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 218,005,000 | 214,851,000 | 226,235,000 | 211,307,000 |
| Interest-bearing deposits | 174,116,000 | 169,668,000 | 175,220,000 | 165,763,000 |
| Noninterest-bearing deposits | 43,889,000 | 45,183,000 | 51,015,000 | 45,544,000 |
| Equity capital | 32,227,000 | 32,692,000 | 35,200,000 | 33,878,000 |
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 | 2,801,000 | 5,773,000 | 9,130,000 | 12,283,000 |
| Interest expense | 1,093,000 | 2,232,000 | 3,606,000 | 4,694,000 |
| Net interest income | 1,708,000 | 3,541,000 | 5,524,000 | 7,589,000 |
| Noninterest income | 235,000 | 356,000 | 476,000 | 645,000 |
| Noninterest expense | 1,311,000 | 2,608,000 | 3,892,000 | 5,222,000 |
| Provision for loan losses | 0 | 0 | 0 | 12,000 |
| Pretax income | 844,000 | 1,501,000 | 2,320,000 | 3,174,000 |
| Income tax | 128,000 | 223,000 | 353,000 | 485,000 |
| Net income | 716,000 | 1,278,000 | 1,967,000 | 2,689,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,482,000 | 38,081,000 | 38,745,000 | 38,592,000 |