Call reports 2024
QUEENSBOROUGH NATIONAL BANK & TRUST COMPANY — 2024
What QUEENSBOROUGH NATIONAL BANK & TRUST COMPANY 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 | 2,114,308,000 | 2,048,327,000 | 2,022,060,000 | 2,142,783,000 |
| Total loans | 1,155,980,000 | 1,162,401,000 | 1,181,607,000 | 1,201,577,000 |
| Allowance for loan losses | 11,065,000 | 11,266,000 | 11,207,000 | 11,413,000 |
| Securities available for sale | 282,305,000 | 238,431,000 | 271,725,000 | 347,022,000 |
| Securities held to maturity | 341,822,000 | 329,443,000 | 322,775,000 | 298,525,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,888,716,000 | 1,820,747,000 | 1,838,904,000 | 1,958,856,000 |
| Interest-bearing deposits | 1,201,462,000 | 1,201,774,000 | 1,247,576,000 | 1,323,773,000 |
| Noninterest-bearing deposits | 687,254,000 | 618,973,000 | 591,328,000 | 635,083,000 |
| Equity capital | 154,143,000 | 159,457,000 | 167,684,000 | 163,961,000 |
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 | 24,764,000 | 50,055,000 | 75,540,000 | 101,433,000 |
| Interest expense | 9,239,000 | 18,443,000 | 28,037,000 | 36,733,000 |
| Net interest income | 15,525,000 | 31,612,000 | 47,503,000 | 64,700,000 |
| Noninterest income | 3,885,000 | 8,484,000 | 11,633,000 | 15,364,000 |
| Noninterest expense | 14,166,000 | 28,282,000 | 41,882,000 | 55,871,000 |
| Provision for loan losses | 450,000 | 475,000 | 525,000 | 925,000 |
| Pretax income | 4,794,000 | 10,914,000 | 15,904,000 | 22,293,000 |
| Income tax | 1,119,000 | 2,372,000 | 3,410,000 | 4,755,000 |
| Net income | 3,675,000 | 8,542,000 | 12,494,000 | 17,538,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 185,661,000 | 190,027,000 | 193,480,000 | 195,106,000 |
| Total capital | 197,621,000 | 202,412,000 | 206,207,000 | 208,188,000 |
| Risk-weighted assets | 1,354,663,000 | 1,362,337,000 | 1,381,975,000 | 1,443,074,000 |