Call reports 2024
FORCHT BANK, NATIONAL ASSOCIATION — 2024
What FORCHT BANK, NATIONAL ASSOCIATION 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 | 1,548,065,000 | 1,557,705,000 | 1,567,798,000 | 1,567,006,000 |
| Total loans | 1,093,696,000 | 1,111,058,000 | 1,113,907,000 | 1,120,151,000 |
| Allowance for loan losses | 13,194,000 | 13,345,000 | 13,288,000 | 13,228,000 |
| Securities available for sale | 295,716,000 | 288,026,000 | 295,435,000 | 282,216,000 |
| Securities held to maturity | 1,654,000 | 1,624,000 | 1,624,000 | 1,604,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,315,272,000 | 1,328,726,000 | 1,347,743,000 | 1,395,913,000 |
| Interest-bearing deposits | 1,104,425,000 | 1,120,497,000 | 1,113,372,000 | 1,194,780,000 |
| Noninterest-bearing deposits | 210,847,000 | 208,229,000 | 234,371,000 | 201,133,000 |
| Equity capital | 130,788,000 | 129,815,000 | 139,806,000 | 133,036,000 |
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 | 15,831,000 | 32,088,000 | 48,846,000 | 65,797,000 |
| Interest expense | 5,611,000 | 11,686,000 | 18,503,000 | 25,073,000 |
| Net interest income | 10,220,000 | 20,402,000 | 30,343,000 | 40,724,000 |
| Noninterest income | 2,813,000 | 5,436,000 | 8,476,000 | 11,098,000 |
| Noninterest expense | 11,160,000 | 22,480,000 | 33,730,000 | 45,215,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,873,000 | 3,358,000 | 5,089,000 | 6,607,000 |
| Income tax | 276,000 | 466,000 | 697,000 | 994,000 |
| Net income | 1,597,000 | 2,892,000 | 4,392,000 | 5,613,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 131,466,000 | 131,322,000 | 132,882,000 | 133,163,000 |
| Total capital | 144,065,000 | 144,072,000 | 145,575,000 | 145,796,000 |
| Risk-weighted assets | 1,060,729,000 | 1,074,466,000 | 1,077,274,000 | 1,082,355,000 |