Call reports 2024
BEACON BANK & TRUST — 2024
What BEACON BANK & TRUST 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 | 6,299,782,000 | 6,353,060,000 | 6,315,138,000 | 6,411,208,000 |
| Total loans | 5,556,044,000 | 5,596,143,000 | 5,574,542,000 | 5,566,680,000 |
| Allowance for loan losses | 71,391,000 | 74,314,000 | 80,049,000 | 75,810,000 |
| Securities available for sale | 301,836,000 | 327,586,000 | 348,553,000 | 405,021,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 92,652,000 | 91,379,000 | 64,428,000 | 83,748,000 |
| Total deposits | 4,568,096,000 | 4,564,667,000 | 4,575,064,000 | 4,710,345,000 |
| Interest-bearing deposits | 3,707,728,000 | 3,727,183,000 | 3,688,897,000 | 3,801,330,000 |
| Noninterest-bearing deposits | 860,368,000 | 837,484,000 | 886,167,000 | 909,015,000 |
| Equity capital | 581,705,000 | 578,420,000 | 594,759,000 | 592,063,000 |
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 | 90,720,000 | 181,091,000 | 273,800,000 | 365,261,000 |
| Interest expense | 43,146,000 | 87,358,000 | 132,461,000 | 174,677,000 |
| Net interest income | 47,574,000 | 93,733,000 | 141,339,000 | 190,584,000 |
| Noninterest income | 2,901,000 | 5,602,000 | 8,849,000 | 12,232,000 |
| Noninterest expense | 32,605,000 | 65,490,000 | 95,391,000 | 128,217,000 |
| Provision for loan losses | 6,845,000 | 17,560,000 | 26,863,000 | 29,760,000 |
| Pretax income | 12,128,000 | 19,842,000 | 34,288,000 | 51,808,000 |
| Income tax | 3,073,000 | 4,889,000 | 8,627,000 | 12,729,000 |
| Net income | 9,055,000 | 14,953,000 | 25,661,000 | 39,079,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 579,252,000 | 575,684,000 | 580,428,000 | 584,420,000 |
| Total capital | 649,064,000 | 645,382,000 | 650,134,000 | 654,287,000 |
| Risk-weighted assets | 5,573,906,000 | 5,564,257,000 | 5,558,194,000 | 5,579,795,000 |