Call reports 2024
FORESIGHT BANK — 2024
What FORESIGHT 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 | 333,959,000 | 343,515,000 | 341,861,000 | 338,883,000 |
| Total loans | 245,865,000 | 253,026,000 | 251,828,000 | 231,582,000 |
| Allowance for loan losses | 3,070,000 | 3,160,000 | 3,142,000 | 2,935,000 |
| Securities available for sale | 55,630,000 | 56,044,000 | 57,713,000 | 61,500,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 298,046,000 | 305,895,000 | 302,320,000 | 299,399,000 |
| Interest-bearing deposits | 250,246,000 | 260,609,000 | 258,726,000 | 253,720,000 |
| Noninterest-bearing deposits | 47,800,000 | 45,286,000 | 43,594,000 | 45,679,000 |
| Equity capital | 27,434,000 | 28,040,000 | 29,746,000 | 28,686,000 |
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 | 4,276,000 | 8,828,000 | 13,439,000 | 17,772,000 |
| Interest expense | 1,721,000 | 3,536,000 | 5,446,000 | 7,287,000 |
| Net interest income | 2,555,000 | 5,292,000 | 7,993,000 | 10,485,000 |
| Noninterest income | 335,000 | 687,000 | 1,035,000 | 1,366,000 |
| Noninterest expense | 2,120,000 | 4,205,000 | 6,222,000 | 8,352,000 |
| Provision for loan losses | 149,000 | 237,000 | 226,000 | 171,000 |
| Pretax income | 787,000 | 1,791,000 | 2,823,000 | 3,516,000 |
| Income tax | 163,000 | 387,000 | 613,000 | 750,000 |
| Net income | 624,000 | 1,404,000 | 2,210,000 | 2,766,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,916,000 | 32,432,000 | 32,938,000 | 33,194,000 |