Call reports 2024
PARTNERS BANK — 2024
What PARTNERS 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 | 412,018,000 | 435,047,000 | 442,471,000 | 442,582,000 |
| Total loans | 357,956,000 | 380,916,000 | 388,869,000 | 377,869,000 |
| Allowance for loan losses | 5,750,000 | 5,954,000 | 6,020,000 | 6,394,000 |
| Securities available for sale | 28,380,000 | 27,684,000 | 27,442,000 | 26,356,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 357,010,000 | 358,126,000 | 354,819,000 | 366,403,000 |
| Interest-bearing deposits | 266,626,000 | 265,986,000 | 264,071,000 | 274,200,000 |
| Noninterest-bearing deposits | 90,384,000 | 92,140,000 | 90,748,000 | 92,203,000 |
| Equity capital | 47,031,000 | 47,983,000 | 49,393,000 | 49,622,000 |
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 | 6,010,000 | 12,224,000 | 18,966,000 | 25,403,000 |
| Interest expense | 2,205,000 | 4,505,000 | 7,104,000 | 9,491,000 |
| Net interest income | 3,805,000 | 7,719,000 | 11,862,000 | 15,912,000 |
| Noninterest income | 268,000 | 712,000 | 990,000 | 1,548,000 |
| Noninterest expense | 2,809,000 | 5,551,000 | 8,320,000 | 11,148,000 |
| Provision for loan losses | 225,000 | 450,000 | 675,000 | 1,050,000 |
| Pretax income | 1,039,000 | 2,430,000 | 3,857,000 | 5,262,000 |
| Income tax | 253,000 | 593,000 | 943,000 | 1,287,000 |
| Net income | 786,000 | 1,837,000 | 2,914,000 | 3,975,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,471,000 | 49,530,000 | 50,365,000 | 50,977,000 |
| Total capital | 52,828,000 | 54,248,000 | 55,107,000 | 55,527,000 |
| Risk-weighted assets | 347,161,000 | 376,197,000 | 378,051,000 | 362,159,000 |