Call reports 2024
HCN BANK — 2024
What HCN 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 | 961,584,000 | 1,045,073,000 | 1,022,768,000 | 939,572,000 |
| Total loans | 705,348,000 | 712,527,000 | 696,648,000 | 693,857,000 |
| Allowance for loan losses | 9,751,000 | 9,857,000 | 9,383,000 | 9,634,000 |
| Securities available for sale | 125,210,000 | 124,383,000 | 118,742,000 | 116,076,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 856,089,000 | 935,894,000 | 905,724,000 | 827,573,000 |
| Interest-bearing deposits | 552,558,000 | 596,260,000 | 543,892,000 | 500,616,000 |
| Noninterest-bearing deposits | 303,531,000 | 339,634,000 | 361,832,000 | 326,957,000 |
| Equity capital | 97,694,000 | 100,249,000 | 107,360,000 | 104,096,000 |
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 | 11,118,000 | 22,995,000 | 35,906,000 | 48,158,000 |
| Interest expense | 2,219,000 | 5,065,000 | 8,226,000 | 11,172,000 |
| Net interest income | 8,899,000 | 17,930,000 | 27,680,000 | 36,986,000 |
| Noninterest income | 1,128,000 | 2,239,000 | 3,353,000 | 4,462,000 |
| Noninterest expense | 4,144,000 | 8,316,000 | 12,563,000 | 16,950,000 |
| Provision for loan losses | -29,000 | 84,000 | -388,000 | -131,000 |
| Pretax income | 5,887,000 | 11,662,000 | 18,883,000 | 22,929,000 |
| Income tax | 206,000 | 448,000 | 609,000 | 753,000 |
| Net income | 5,681,000 | 11,214,000 | 18,274,000 | 22,176,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 107,157,000 | 108,920,000 | 111,951,000 | 110,266,000 |
| Total capital | 116,719,000 | 118,671,000 | 121,416,000 | 119,749,000 |
| Risk-weighted assets | 764,742,000 | 779,834,000 | 759,191,000 | 758,417,000 |