Call reports 2024
AMERICAN BANK AND TRUST COMPANY — 2024
What AMERICAN BANK AND TRUST COMPANY 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 | 300,984,000 | 296,535,000 | 321,405,000 | 305,431,000 |
| Total loans | 150,362,000 | 166,581,000 | 173,222,000 | 184,234,000 |
| Allowance for loan losses | 980,000 | 924,000 | 1,016,000 | 1,121,000 |
| Securities available for sale | 102,112,000 | 100,070,000 | 95,725,000 | 89,603,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 256,294,000 | 250,670,000 | 272,673,000 | 255,991,000 |
| Interest-bearing deposits | 178,296,000 | 176,367,000 | 186,292,000 | 179,783,000 |
| Noninterest-bearing deposits | 77,998,000 | 74,303,000 | 86,381,000 | 76,208,000 |
| Equity capital | 38,987,000 | 40,411,000 | 42,858,000 | 43,999,000 |
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 | 4,178,000 | 8,695,000 | 13,386,000 | 18,612,000 |
| Interest expense | 1,469,000 | 2,966,000 | 4,587,000 | 6,176,000 |
| Net interest income | 2,709,000 | 5,729,000 | 8,799,000 | 12,436,000 |
| Noninterest income | 293,000 | 549,000 | 862,000 | 1,238,000 |
| Noninterest expense | 1,624,000 | 3,417,000 | 5,152,000 | 6,903,000 |
| Provision for loan losses | 30,000 | 30,000 | 120,000 | 160,000 |
| Pretax income | 1,348,000 | 2,831,000 | 4,389,000 | 6,613,000 |
| Income tax | 333,000 | 696,000 | 1,078,000 | 1,651,000 |
| Net income | 1,015,000 | 2,135,000 | 3,311,000 | 4,962,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,263,000 | 43,271,000 | 44,334,000 | 45,872,000 |