Call reports 2024
BANK FORWARD — 2024
What BANK FORWARD 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 | 1,028,069,000 | 1,009,901,000 | 1,028,913,000 | 1,036,320,000 |
| Total loans | 819,901,000 | 842,046,000 | 858,389,000 | 857,537,000 |
| Allowance for loan losses | 5,286,000 | 5,342,000 | 5,553,000 | 5,614,000 |
| Securities available for sale | 64,170,000 | 51,039,000 | 48,221,000 | 47,293,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 864,578,000 | 832,447,000 | 843,582,000 | 861,648,000 |
| Interest-bearing deposits | 671,511,000 | 649,259,000 | 650,314,000 | 635,870,000 |
| Noninterest-bearing deposits | 193,067,000 | 183,188,000 | 193,268,000 | 225,778,000 |
| Equity capital | 106,913,000 | 103,540,000 | 107,760,000 | 109,404,000 |
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 | 12,804,000 | 26,142,000 | 40,121,000 | 54,055,000 |
| Interest expense | 5,286,000 | 10,934,000 | 16,916,000 | 22,604,000 |
| Net interest income | 7,518,000 | 15,208,000 | 23,205,000 | 31,451,000 |
| Noninterest income | 5,123,000 | 9,586,000 | 15,108,000 | 20,696,000 |
| Noninterest expense | 9,102,000 | 17,728,000 | 26,648,000 | 37,030,000 |
| Provision for loan losses | 314,000 | 375,000 | 587,000 | 790,000 |
| Pretax income | 3,230,000 | 6,706,000 | 11,094,000 | 14,342,000 |
| Income tax | 5,000 | 5,000 | 5,000 | 5,000 |
| Net income | 3,225,000 | 6,701,000 | 11,089,000 | 14,337,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 106,534,000 | 103,537,000 | 105,994,000 | 108,819,000 |