Call reports 2024
CLASSIC CITY BANK — 2024
What CLASSIC CITY 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 | 213,934,000 | 221,420,000 | 239,340,000 | 229,065,000 |
| Total loans | 135,931,000 | 148,928,000 | 151,892,000 | 153,143,000 |
| Allowance for loan losses | 1,431,000 | 1,518,000 | 1,518,000 | 1,530,000 |
| Securities available for sale | 24,283,000 | 21,435,000 | 22,536,000 | 22,392,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 189,283,000 | 195,785,000 | 212,135,000 | 201,179,000 |
| Interest-bearing deposits | 105,772,000 | 106,708,000 | 110,014,000 | 116,529,000 |
| Noninterest-bearing deposits | 83,511,000 | 89,077,000 | 102,121,000 | 84,650,000 |
| Equity capital | 22,136,000 | 23,278,000 | 24,900,000 | 25,580,000 |
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 | 2,731,000 | 5,767,000 | 9,015,000 | 12,246,000 |
| Interest expense | 478,000 | 990,000 | 1,572,000 | 2,166,000 |
| Net interest income | 2,253,000 | 4,777,000 | 7,443,000 | 10,080,000 |
| Noninterest income | 106,000 | 198,000 | 303,000 | 444,000 |
| Noninterest expense | 1,053,000 | 2,202,000 | 3,365,000 | 4,626,000 |
| Provision for loan losses | 0 | 87,000 | 87,000 | 99,000 |
| Pretax income | 1,306,000 | 2,760,000 | 4,009,000 | 4,955,000 |
| Income tax | 317,000 | 666,000 | 964,000 | 1,124,000 |
| Net income | 989,000 | 2,094,000 | 3,045,000 | 3,831,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,104,000 | 24,222,000 | 25,188,000 | 25,891,000 |