Call reports 2024
BANK OF THE PACIFIC — 2024
What BANK OF THE PACIFIC 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 | 1,134,612,000 | 1,123,405,000 | 1,158,857,000 | 1,152,772,000 |
| Total loans | 693,461,000 | 707,373,000 | 699,114,000 | 704,248,000 |
| Allowance for loan losses | 8,580,000 | 8,859,000 | 8,897,000 | 8,851,000 |
| Securities available for sale | 239,306,000 | 235,483,000 | 254,490,000 | 263,059,000 |
| Securities held to maturity | 49,133,000 | 43,244,000 | 42,301,000 | 41,441,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 996,228,000 | 986,077,000 | 1,011,867,000 | 1,015,144,000 |
| Interest-bearing deposits | 591,271,000 | 607,415,000 | 626,649,000 | 638,854,000 |
| Noninterest-bearing deposits | 404,957,000 | 378,662,000 | 385,218,000 | 376,290,000 |
| Equity capital | 126,983,000 | 127,138,000 | 133,565,000 | 126,199,000 |
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 | 13,634,000 | 27,002,000 | 41,156,000 | 55,057,000 |
| Interest expense | 1,992,000 | 4,350,000 | 7,033,000 | 9,829,000 |
| Net interest income | 11,642,000 | 22,652,000 | 34,123,000 | 45,228,000 |
| Noninterest income | 1,436,000 | 3,268,000 | 4,924,000 | 6,666,000 |
| Noninterest expense | 9,413,000 | 19,149,000 | 28,676,000 | 38,622,000 |
| Provision for loan losses | 83,000 | 417,000 | 445,000 | 326,000 |
| Pretax income | 3,632,000 | 6,556,000 | 10,221,000 | 13,225,000 |
| Income tax | 695,000 | 1,221,000 | 1,946,000 | 2,512,000 |
| Net income | 2,937,000 | 5,335,000 | 8,275,000 | 10,713,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 130,026,000 | 130,699,000 | 131,548,000 | 130,067,000 |
| Total capital | 139,254,000 | 140,175,000 | 140,969,000 | 139,458,000 |
| Risk-weighted assets | 791,233,000 | 798,314,000 | 790,586,000 | 800,842,000 |