Call reports 2024
MEADOWS BANK — 2024
What MEADOWS 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 | 1,243,316,000 | 1,237,342,000 | 1,296,776,000 | 1,316,658,000 |
| Total loans | 1,099,883,000 | 1,116,639,000 | 1,136,267,000 | 1,171,606,000 |
| Allowance for loan losses | 14,136,000 | 14,137,000 | 14,137,000 | 14,137,000 |
| Securities available for sale | 27,878,000 | 24,986,000 | 22,917,000 | 21,222,000 |
| Securities held to maturity | 6,531,000 | 6,499,000 | 6,465,000 | 6,173,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,051,145,000 | 1,024,056,000 | 1,097,185,000 | 1,120,948,000 |
| Interest-bearing deposits | 616,637,000 | 607,636,000 | 679,528,000 | 681,490,000 |
| Noninterest-bearing deposits | 434,508,000 | 416,420,000 | 417,657,000 | 439,458,000 |
| Equity capital | 165,544,000 | 171,159,000 | 177,175,000 | 182,231,000 |
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 | 19,452,000 | 39,434,000 | 59,830,000 | 80,810,000 |
| Interest expense | 5,269,000 | 10,771,000 | 16,962,000 | 23,190,000 |
| Net interest income | 14,183,000 | 28,663,000 | 42,868,000 | 57,620,000 |
| Noninterest income | 635,000 | 1,671,000 | 2,829,000 | 3,633,000 |
| Noninterest expense | 8,330,000 | 16,675,000 | 25,112,000 | 33,893,000 |
| Provision for loan losses | 117,000 | 117,000 | 117,000 | 117,000 |
| Pretax income | 6,371,000 | 13,542,000 | 20,468,000 | 27,243,000 |
| Income tax | 1,402,000 | 2,979,000 | 4,503,000 | 5,742,000 |
| Net income | 4,969,000 | 10,563,000 | 15,965,000 | 21,501,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 167,298,000 | 172,784,000 | 178,043,000 | 183,642,000 |