Call reports 2024
HEARTHSIDE BANK CORPORATION — 2024
What HEARTHSIDE BANK CORPORATION 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 | 519,818,000 | 538,849,000 | 548,284,000 | 560,869,000 |
| Total loans | 393,192,000 | 410,460,000 | 421,537,000 | 434,634,000 |
| Allowance for loan losses | 4,939,000 | 5,031,000 | 5,129,000 | 4,850,000 |
| Securities available for sale | 87,518,000 | 86,120,000 | 88,144,000 | 84,830,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 363,000 | 376,000 | 402,000 | 413,000 |
| Total deposits | 460,284,000 | 471,232,000 | 477,203,000 | 485,777,000 |
| Interest-bearing deposits | 377,333,000 | 387,500,000 | 389,745,000 | 402,525,000 |
| Noninterest-bearing deposits | 82,951,000 | 83,732,000 | 87,458,000 | 83,252,000 |
| Equity capital | 44,952,000 | 45,391,000 | 47,933,000 | 47,092,000 |
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 | 6,330,000 | 13,080,000 | 20,083,000 | 27,506,000 |
| Interest expense | 2,585,000 | 5,405,000 | 8,394,000 | 11,434,000 |
| Net interest income | 3,745,000 | 7,675,000 | 11,689,000 | 16,072,000 |
| Noninterest income | 858,000 | 1,789,000 | 2,687,000 | 3,676,000 |
| Noninterest expense | 3,951,000 | 8,038,000 | 12,023,000 | 16,124,000 |
| Provision for loan losses | 112,000 | 221,000 | 336,000 | 458,000 |
| Pretax income | 557,000 | 1,223,000 | 2,052,000 | 3,200,000 |
| Income tax | 86,000 | 204,000 | 366,000 | 612,000 |
| Net income | 471,000 | 1,019,000 | 1,686,000 | 2,588,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 54,416,000 | 54,963,000 | 55,142,000 | 56,044,000 |
| Total capital | 59,303,000 | 59,994,000 | 60,275,000 | 61,029,000 |
| Risk-weighted assets | 390,789,000 | 404,286,000 | 410,554,000 | 417,642,000 |