FACTANKER · measured, cited, anchored official records connected

Call reports 2024

RELYANCE BANK — 2024

What RELYANCE BANK reported to the FFIEC in 2024, quarter by quarter.

PERIOD: 2024SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/bfdc4b41-8b41-4b68-a62a-d1e866a1d420/2024

Balance sheet

What the bank holds and owes at quarter end

Measure2024Q12024Q22024Q32024Q4
Total assets1,370,659,0001,376,368,0001,448,784,0001,450,661,000
Total loans1,037,345,0001,105,182,0001,156,878,0001,148,430,000
Allowance for loan losses12,517,00012,488,00012,695,00012,852,000
Securities available for sale113,095,000107,551,000109,778,000114,157,000
Securities held to maturity33,346,00034,516,00033,804,00032,828,000
Trading assets0000
Total deposits1,175,402,0001,196,539,0001,217,838,0001,262,576,000
Interest-bearing deposits921,445,000957,329,000989,487,0001,027,738,000
Noninterest-bearing deposits253,957,000239,210,000228,351,000234,838,000
Equity capital156,460,000161,126,000166,833,000167,882,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2024Q12024Q22024Q32024Q4
Interest income16,926,00034,669,00053,991,00073,598,000
Interest expense7,095,00014,640,00022,977,00030,972,000
Net interest income9,831,00020,029,00031,014,00042,626,000
Noninterest income2,840,0005,186,0007,586,00010,037,000
Noninterest expense7,969,00015,604,00023,596,00032,338,000
Provision for loan losses000215,000
Pretax income3,245,0007,367,00012,760,00017,866,000
Income tax645,0001,024,0002,179,0003,393,000
Net income2,600,0006,343,00010,581,00014,473,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2024Q12024Q22024Q32024Q4
Tier 1 capital162,313,000166,087,000169,357,000172,280,000
Total capital176,430,000180,175,000183,402,000186,482,000
Risk-weighted assets1,227,594,0001,287,055,0001,334,567,0001,337,139,000