Call reports 2024
CHARTER BANK — 2024
What CHARTER 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 | 212,880,000 | 210,638,000 | 207,850,000 | 211,757,000 |
| Total loans | 141,476,000 | 141,422,000 | 144,881,000 | 148,947,000 |
| Allowance for loan losses | 1,349,000 | 1,365,000 | 1,386,000 | 1,368,000 |
| Securities available for sale | 58,441,000 | 56,961,000 | 54,263,000 | 50,449,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 182,585,000 | 180,069,000 | 175,562,000 | 186,535,000 |
| Interest-bearing deposits | 125,389,000 | 123,046,000 | 121,274,000 | 129,668,000 |
| Noninterest-bearing deposits | 57,196,000 | 57,023,000 | 54,288,000 | 56,867,000 |
| Equity capital | 19,666,000 | 19,856,000 | 21,574,000 | 19,598,000 |
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 | 2,217,000 | 4,523,000 | 6,885,000 | 9,334,000 |
| Interest expense | 839,000 | 1,669,000 | 2,535,000 | 3,438,000 |
| Net interest income | 1,378,000 | 2,854,000 | 4,350,000 | 5,896,000 |
| Noninterest income | 170,000 | 364,000 | 548,000 | 742,000 |
| Noninterest expense | 998,000 | 1,994,000 | 3,048,000 | 4,416,000 |
| Provision for loan losses | 28,000 | 44,000 | 65,000 | 98,000 |
| Pretax income | 522,000 | 1,180,000 | 1,785,000 | 2,124,000 |
| Income tax | 24,000 | 54,000 | 82,000 | 94,000 |
| Net income | 498,000 | 1,126,000 | 1,703,000 | 2,030,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,862,000 | 24,171,000 | 24,428,000 | 23,204,000 |
| Total capital | 25,211,000 | 25,536,000 | 25,814,000 | 24,571,000 |
| Risk-weighted assets | 144,278,000 | 143,765,000 | 147,264,000 | 150,602,000 |