Call reports 2024
MONET BANK — 2024
What MONET 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 | 4,843,386,000 | 4,783,772,000 | 5,824,989,000 | 6,619,890,000 |
| Total loans | 836,418,000 | 833,333,000 | 1,654,119,000 | 947,324,000 |
| Allowance for loan losses | 12,155,000 | 14,168,000 | 15,898,000 | 15,633,000 |
| Securities available for sale | 3,124,781,000 | 3,192,246,000 | 3,241,528,000 | 5,035,383,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,400,467,000 | 2,402,420,000 | 3,529,856,000 | 4,178,037,000 |
| Interest-bearing deposits | 2,347,617,000 | 2,344,798,000 | 3,477,140,000 | 4,118,617,000 |
| Noninterest-bearing deposits | 52,850,000 | 57,622,000 | 52,716,000 | 59,420,000 |
| Equity capital | 1,084,717,000 | 1,033,059,000 | 1,005,156,000 | 1,100,044,000 |
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 | 70,679,000 | 132,989,000 | 193,901,000 | 270,853,000 |
| Interest expense | 41,091,000 | 78,595,000 | 127,645,000 | 179,407,000 |
| Net interest income | 29,588,000 | 54,394,000 | 66,256,000 | 91,446,000 |
| Noninterest income | 192,891,000 | 238,456,000 | 159,338,000 | 264,405,000 |
| Noninterest expense | 16,751,000 | 32,606,000 | 48,306,000 | 62,011,000 |
| Provision for loan losses | 1,663,000 | 3,562,000 | 5,847,000 | 5,498,000 |
| Pretax income | 204,277,000 | 258,122,000 | 173,086,000 | 288,454,000 |
| Income tax | 46,888,000 | 60,013,000 | 41,867,000 | 66,614,000 |
| Net income | 157,389,000 | 198,109,000 | 131,219,000 | 221,840,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,143,848,000 | 1,084,566,000 | 1,017,683,000 | 1,108,312,000 |
| Total capital | 1,151,741,000 | 1,094,659,000 | 1,029,991,000 | 1,119,892,000 |
| Risk-weighted assets | 1,463,445,000 | 1,539,068,000 | 1,718,575,000 | 1,648,030,000 |