Call reports 2024
SHINHAN BANK AMERICA — 2024
What SHINHAN BANK AMERICA 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 | 1,841,740,000 | 1,679,849,000 | 1,743,159,000 | 1,740,361,000 |
| Total loans | 1,459,690,000 | 1,450,906,000 | 1,469,058,000 | 1,481,897,000 |
| Allowance for loan losses | 11,799,000 | 11,838,000 | 11,388,000 | 11,404,000 |
| Securities available for sale | 46,300,000 | 48,904,000 | 48,995,000 | 45,261,000 |
| Securities held to maturity | 80,769,000 | 76,861,000 | 72,385,000 | 67,289,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,531,713,000 | 1,403,105,000 | 1,494,627,000 | 1,496,157,000 |
| Interest-bearing deposits | 867,224,000 | 754,454,000 | 849,372,000 | 882,498,000 |
| Noninterest-bearing deposits | 664,489,000 | 648,651,000 | 645,255,000 | 613,659,000 |
| Equity capital | 191,260,000 | 192,381,000 | 194,672,000 | 194,192,000 |
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 | 23,130,000 | 46,057,000 | 69,562,000 | 93,200,000 |
| Interest expense | 9,019,000 | 17,733,000 | 26,603,000 | 36,020,000 |
| Net interest income | 14,111,000 | 28,324,000 | 42,959,000 | 57,180,000 |
| Noninterest income | 807,000 | 1,612,000 | 2,292,000 | 3,859,000 |
| Noninterest expense | 15,122,000 | 29,152,000 | 43,749,000 | 57,965,000 |
| Provision for loan losses | -500,000 | -500,000 | -967,000 | -967,000 |
| Pretax income | 296,000 | 1,227,000 | 2,362,000 | 3,868,000 |
| Income tax | 101,000 | 382,000 | 816,000 | 1,627,000 |
| Net income | 195,000 | 845,000 | 1,546,000 | 2,241,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 189,241,000 | 189,498,000 | 190,393,000 | 189,416,000 |
| Total capital | 201,213,000 | 201,521,000 | 202,016,000 | 201,056,000 |
| Risk-weighted assets | 1,256,855,000 | 1,234,665,000 | 1,248,026,000 | 1,242,914,000 |