Call reports 2024
DEDICATED COMMUNITY BANK — 2024
What DEDICATED COMMUNITY 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 | 94,948,000 | 95,812,000 | 99,693,000 | 101,594,000 |
| Total loans | 68,938,000 | 70,747,000 | 72,900,000 | 71,374,000 |
| Allowance for loan losses | 729,000 | 759,000 | 809,000 | 370,000 |
| Securities available for sale | 6,673,000 | 6,519,000 | 6,571,000 | 7,113,000 |
| Securities held to maturity | 6,664,000 | 6,653,000 | 6,642,000 | 6,631,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,196,000 | 87,824,000 | 91,188,000 | 93,376,000 |
| Interest-bearing deposits | 67,939,000 | 66,879,000 | 67,333,000 | 67,621,000 |
| Noninterest-bearing deposits | 19,257,000 | 20,945,000 | 23,855,000 | 25,755,000 |
| Equity capital | 7,425,000 | 7,543,000 | 7,861,000 | 7,851,000 |
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 | 1,176,000 | 2,416,000 | 3,676,000 | 5,002,000 |
| Interest expense | 329,000 | 664,000 | 992,000 | 1,313,000 |
| Net interest income | 847,000 | 1,752,000 | 2,684,000 | 3,689,000 |
| Noninterest income | 64,000 | 128,000 | 195,000 | 260,000 |
| Noninterest expense | 835,000 | 1,678,000 | 2,492,000 | 3,327,000 |
| Provision for loan losses | 16,000 | 46,000 | 96,000 | 116,000 |
| Pretax income | 60,000 | 156,000 | 294,000 | 511,000 |
| Income tax | 15,000 | 29,000 | 56,000 | 98,000 |
| Net income | 45,000 | 127,000 | 238,000 | 413,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,192,000 | 8,271,000 | 8,386,000 | 8,559,000 |
| Total capital | 8,908,000 | 9,017,000 | 9,179,000 | 8,910,000 |
| Risk-weighted assets | 72,560,000 | 70,895,000 | 74,934,000 | 71,298,000 |