Call reports 2024
ARBOR BANK — 2024
What ARBOR 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 | 617,127,000 | 611,339,000 | 630,924,000 | 606,354,000 |
| Total loans | 491,785,000 | 494,064,000 | 515,699,000 | 510,665,000 |
| Allowance for loan losses | 5,293,000 | 5,330,000 | 5,415,000 | 5,398,000 |
| Securities available for sale | 60,851,000 | 61,585,000 | 60,768,000 | 61,017,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 540,006,000 | 541,294,000 | 558,143,000 | 547,610,000 |
| Interest-bearing deposits | 437,723,000 | 425,830,000 | 442,713,000 | 438,872,000 |
| Noninterest-bearing deposits | 102,283,000 | 115,464,000 | 115,430,000 | 108,738,000 |
| Equity capital | 52,450,000 | 52,024,000 | 54,300,000 | 55,304,000 |
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 | 8,153,000 | 16,861,000 | 25,917,000 | 33,694,000 |
| Interest expense | 3,199,000 | 6,569,000 | 10,000,000 | 13,138,000 |
| Net interest income | 4,954,000 | 10,292,000 | 15,917,000 | 20,556,000 |
| Noninterest income | 811,000 | 1,795,000 | 3,131,000 | 4,566,000 |
| Noninterest expense | 4,792,000 | 9,646,000 | 14,665,000 | 19,028,000 |
| Provision for loan losses | 120,000 | 160,000 | 240,000 | 240,000 |
| Pretax income | 853,000 | 2,281,000 | 4,143,000 | 5,857,000 |
| Income tax | 34,000 | 99,000 | 144,000 | 172,000 |
| Net income | 819,000 | 2,182,000 | 3,999,000 | 5,685,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,291,000 | 54,778,000 | 55,840,000 | 57,530,000 |
| Total capital | 60,584,000 | 60,108,000 | 61,255,000 | 62,928,000 |
| Risk-weighted assets | 467,481,000 | 469,353,000 | 492,317,000 | 482,981,000 |