Call reports 2024
AVB BANK — 2024
What AVB 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 | 525,308,000 | 517,705,000 | 526,575,000 | 509,721,000 |
| Total loans | 416,157,000 | 405,377,000 | 422,081,000 | 407,898,000 |
| Allowance for loan losses | 7,101,000 | 7,017,000 | 7,135,000 | 7,089,000 |
| Securities available for sale | 75,737,000 | 73,925,000 | 73,829,000 | 63,985,000 |
| Securities held to maturity | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 444,788,000 | 456,615,000 | 462,441,000 | 442,173,000 |
| Interest-bearing deposits | 371,977,000 | 383,567,000 | 390,281,000 | 375,382,000 |
| Noninterest-bearing deposits | 72,811,000 | 73,048,000 | 72,160,000 | 66,791,000 |
| Equity capital | 40,979,000 | 40,646,000 | 43,727,000 | 43,073,000 |
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 | 6,799,000 | 13,905,000 | 21,152,000 | 28,757,000 |
| Interest expense | 2,511,000 | 5,157,000 | 7,753,000 | 10,321,000 |
| Net interest income | 4,288,000 | 8,748,000 | 13,399,000 | 18,436,000 |
| Noninterest income | 412,000 | 902,000 | 1,407,000 | 1,899,000 |
| Noninterest expense | 4,006,000 | 8,010,000 | 11,961,000 | 16,306,000 |
| Provision for loan losses | 0 | 0 | 118,000 | 2,000 |
| Pretax income | 523,000 | 1,469,000 | 2,674,000 | 3,947,000 |
| Income tax | 150,000 | 362,000 | 646,000 | 1,004,000 |
| Net income | 373,000 | 1,107,000 | 2,028,000 | 2,943,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,029,000 | 49,063,000 | 49,984,000 | 50,900,000 |
| Total capital | 55,015,000 | 54,285,000 | 55,146,000 | 56,134,000 |
| Risk-weighted assets | 424,611,000 | 415,769,000 | 410,908,000 | 416,748,000 |