Call reports 2024
SULLIVAN BANK — 2024
What SULLIVAN 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 | 1,085,665,000 | 1,131,348,000 | 1,160,816,000 | 1,167,708,000 |
| Total loans | 934,951,000 | 963,514,000 | 991,701,000 | 1,016,964,000 |
| Allowance for loan losses | 11,124,000 | 11,338,000 | 11,625,000 | 11,771,000 |
| Securities available for sale | 43,500,000 | 42,048,000 | 43,457,000 | 42,213,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 939,543,000 | 992,137,000 | 1,025,811,000 | 1,031,614,000 |
| Interest-bearing deposits | 849,740,000 | 903,781,000 | 934,546,000 | 948,393,000 |
| Noninterest-bearing deposits | 89,803,000 | 88,356,000 | 91,265,000 | 83,221,000 |
| Equity capital | 91,445,000 | 94,222,000 | 98,263,000 | 105,261,000 |
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 | 14,847,000 | 30,744,000 | 48,240,000 | 66,076,000 |
| Interest expense | 6,940,000 | 14,977,000 | 23,712,000 | 32,313,000 |
| Net interest income | 7,907,000 | 15,767,000 | 24,528,000 | 33,763,000 |
| Noninterest income | 1,041,000 | 2,271,000 | 3,463,000 | 4,642,000 |
| Noninterest expense | 4,950,000 | 10,059,000 | 15,259,000 | 21,005,000 |
| Provision for loan losses | 300,000 | 600,000 | 900,000 | 1,700,000 |
| Pretax income | 3,829,000 | 7,498,000 | 11,976,000 | 15,889,000 |
| Income tax | 807,000 | 1,581,000 | 2,509,000 | 3,330,000 |
| Net income | 3,022,000 | 5,917,000 | 9,467,000 | 12,559,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 92,552,000 | 95,116,000 | 98,350,000 | 106,036,000 |
| Total capital | 102,852,000 | 105,698,000 | 109,277,000 | 116,826,000 |
| Risk-weighted assets | 822,240,000 | 844,852,000 | 872,491,000 | 861,304,000 |