Call reports 2024
BEACON BUSINESS BANK, NATIONAL ASSOCIATION — 2024
What BEACON BUSINESS BANK, NATIONAL ASSOCIATION 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 | 165,708,000 | 174,324,000 | 180,193,000 | 177,003,000 |
| Total loans | 92,324,000 | 93,415,000 | 98,086,000 | 104,949,000 |
| Allowance for loan losses | 1,466,000 | 1,466,000 | 1,371,000 | 1,503,000 |
| Securities available for sale | 46,321,000 | 46,074,000 | 45,841,000 | 43,834,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 120,480,000 | 128,536,000 | 132,716,000 | 148,315,000 |
| Interest-bearing deposits | 81,063,000 | 86,078,000 | 85,606,000 | 104,993,000 |
| Noninterest-bearing deposits | 39,417,000 | 42,458,000 | 47,110,000 | 43,322,000 |
| Equity capital | 14,484,000 | 14,842,000 | 16,173,000 | 15,292,000 |
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 | 1,984,000 | 3,953,000 | 5,976,000 | 7,955,000 |
| Interest expense | 859,000 | 1,673,000 | 2,580,000 | 3,351,000 |
| Net interest income | 1,125,000 | 2,280,000 | 3,396,000 | 4,604,000 |
| Noninterest income | 99,000 | 191,000 | 278,000 | 377,000 |
| Noninterest expense | 1,339,000 | 2,582,000 | 3,881,000 | 5,132,000 |
| Provision for loan losses | -157,000 | -157,000 | -253,000 | -121,000 |
| Pretax income | 42,000 | 46,000 | 66,000 | -10,000 |
| Income tax | 2,000 | 11,000 | 13,000 | 15,000 |
| Net income | 40,000 | 35,000 | 53,000 | -25,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,746,000 | 19,741,000 | 19,759,000 | 19,680,000 |
| Total capital | 21,017,000 | 21,030,000 | 21,069,000 | 21,126,000 |
| Risk-weighted assets | 101,457,000 | 102,893,000 | 104,660,000 | 115,552,000 |