Call reports 2024
HOMESTEAD BANK — 2024
What HOMESTEAD 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 | 497,981,000 | 499,185,000 | 502,824,000 | 508,518,000 |
| Total loans | 324,360,000 | 328,553,000 | 325,829,000 | 355,754,000 |
| Allowance for loan losses | 3,703,000 | 3,701,000 | 3,699,000 | 3,678,000 |
| Securities available for sale | 140,807,000 | 136,197,000 | 133,967,000 | 117,981,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 373,363,000 | 377,781,000 | 390,568,000 | 395,318,000 |
| Interest-bearing deposits | 288,383,000 | 289,826,000 | 295,784,000 | 298,284,000 |
| Noninterest-bearing deposits | 84,980,000 | 87,955,000 | 94,784,000 | 97,034,000 |
| Equity capital | 76,071,000 | 78,261,000 | 82,434,000 | 83,285,000 |
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 | 6,001,000 | 12,075,000 | 18,236,000 | 24,631,000 |
| Interest expense | 1,903,000 | 3,955,000 | 5,913,000 | 7,745,000 |
| Net interest income | 4,098,000 | 8,120,000 | 12,323,000 | 16,886,000 |
| Noninterest income | 760,000 | 1,478,000 | 2,185,000 | 2,918,000 |
| Noninterest expense | 2,944,000 | 5,729,000 | 8,800,000 | 11,589,000 |
| Provision for loan losses | 2,000 | 2,000 | 2,000 | 8,000 |
| Pretax income | 1,911,000 | 3,856,000 | 5,702,000 | 8,206,000 |
| Income tax | 386,000 | 774,000 | 1,143,000 | 1,650,000 |
| Net income | 1,525,000 | 3,082,000 | 4,559,000 | 6,556,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 81,911,000 | 83,383,000 | 84,774,000 | 86,686,000 |