Call reports 2024
MAINSTREET BANK — 2024
What MAINSTREET 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 | 2,066,709,000 | 2,085,672,000 | 2,216,890,000 | 2,219,557,000 |
| Total loans | 1,743,641,000 | 1,795,937,000 | 1,793,885,000 | 1,830,006,000 |
| Allowance for loan losses | 16,531,000 | 17,098,000 | 18,327,000 | 19,450,000 |
| Securities available for sale | 58,199,000 | 57,105,000 | 57,989,000 | 55,246,000 |
| Securities held to maturity | 15,251,000 | 14,036,000 | 14,016,000 | 14,078,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,736,940,000 | 1,757,600,000 | 1,894,943,000 | 1,913,149,000 |
| Interest-bearing deposits | 1,384,756,000 | 1,443,371,000 | 1,552,855,000 | 1,584,477,000 |
| Noninterest-bearing deposits | 352,184,000 | 314,229,000 | 342,088,000 | 328,672,000 |
| Equity capital | 289,273,000 | 289,972,000 | 291,264,000 | 269,136,000 |
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 | 32,469,000 | 65,904,000 | 99,496,000 | 134,615,000 |
| Interest expense | 16,181,000 | 33,400,000 | 50,494,000 | 68,785,000 |
| Net interest income | 16,288,000 | 32,504,000 | 49,002,000 | 65,830,000 |
| Noninterest income | 795,000 | 1,608,000 | 2,493,000 | 3,300,000 |
| Noninterest expense | 12,272,000 | 24,887,000 | 38,430,000 | 72,864,000 |
| Provision for loan losses | 164,000 | 1,095,000 | 4,220,000 | 7,485,000 |
| Pretax income | 5,006,000 | 8,734,000 | 9,661,000 | -10,545,000 |
| Income tax | 1,054,000 | 1,696,000 | 1,700,000 | -3,015,000 |
| Net income | 3,952,000 | 7,038,000 | 7,961,000 | -7,530,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 297,203,000 | 298,015,000 | 297,638,000 | 276,847,000 |
| Total capital | 314,384,000 | 315,470,000 | 316,110,000 | 296,584,000 |
| Risk-weighted assets | 1,843,454,000 | 1,879,784,000 | 1,863,961,000 | 1,890,858,000 |