Call reports 2024
FIRST BANK OF GREENWICH, THE — 2024
What FIRST BANK OF GREENWICH, THE 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 | 742,846,000 | 740,149,000 | 795,426,000 | 808,778,000 |
| Total loans | 638,311,000 | 645,306,000 | 680,629,000 | 701,609,000 |
| Allowance for loan losses | 7,026,000 | 7,026,000 | 7,206,000 | 7,501,000 |
| Securities available for sale | 6,368,000 | 6,287,000 | 5,934,000 | 5,732,000 |
| Securities held to maturity | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 611,538,000 | 621,408,000 | 636,667,000 | 636,902,000 |
| Interest-bearing deposits | 500,967,000 | 508,177,000 | 501,500,000 | 497,657,000 |
| Noninterest-bearing deposits | 110,571,000 | 113,231,000 | 135,167,000 | 139,245,000 |
| Equity capital | 64,986,000 | 66,294,000 | 66,905,000 | 67,790,000 |
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 | 8,901,000 | 18,061,000 | 27,616,000 | 37,610,000 |
| Interest expense | 5,001,000 | 10,294,000 | 15,853,000 | 21,426,000 |
| Net interest income | 3,900,000 | 7,767,000 | 11,763,000 | 16,184,000 |
| Noninterest income | 272,000 | 528,000 | 824,000 | 1,092,000 |
| Noninterest expense | 3,435,000 | 6,014,000 | 9,140,000 | 12,526,000 |
| Provision for loan losses | 0 | 0 | 180,000 | 475,000 |
| Pretax income | 797,000 | 2,311,000 | 3,252,000 | 4,300,000 |
| Income tax | 142,000 | 430,000 | 587,000 | 745,000 |
| Net income | 655,000 | 1,881,000 | 2,665,000 | 3,555,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 64,357,000 | 65,668,000 | 66,267,000 | 67,228,000 |
| Total capital | 71,763,000 | 73,029,000 | 73,928,000 | 75,144,000 |
| Risk-weighted assets | 606,716,000 | 588,773,000 | 621,425,000 | 643,086,000 |