Call reports 2024
BANK OF UTICA — 2024
What BANK OF UTICA 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 | 1,306,570,000 | 1,312,279,000 | 1,351,472,000 | 1,388,968,000 |
| Total loans | 108,513,000 | 113,260,000 | 121,255,000 | 124,488,000 |
| Allowance for loan losses | 1,043,000 | 1,093,000 | 1,075,000 | 1,140,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 955,310,000 | 970,014,000 | 988,403,000 | 1,016,337,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 948,232,000 | 956,607,000 | 985,229,000 | 1,027,139,000 |
| Interest-bearing deposits | 882,075,000 | 894,730,000 | 917,143,000 | 963,940,000 |
| Noninterest-bearing deposits | 66,157,000 | 61,877,000 | 68,086,000 | 63,199,000 |
| Equity capital | 330,614,000 | 326,617,000 | 336,856,000 | 331,392,000 |
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 | 10,377,000 | 21,297,000 | 32,893,000 | 44,957,000 |
| Interest expense | 5,390,000 | 11,097,000 | 17,185,000 | 23,771,000 |
| Net interest income | 4,987,000 | 10,200,000 | 15,708,000 | 21,186,000 |
| Noninterest income | 130,000 | 250,000 | 379,000 | 283,000 |
| Noninterest expense | 2,402,000 | 4,678,000 | 7,009,000 | 9,201,000 |
| Provision for loan losses | 0 | 45,000 | 45,000 | 125,000 |
| Pretax income | 18,410,000 | 16,007,000 | 28,861,000 | 24,737,000 |
| Income tax | 3,856,000 | 3,137,000 | 5,752,000 | 4,717,000 |
| Net income | 14,554,000 | 12,870,000 | 23,109,000 | 20,020,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 330,614,000 | 326,617,000 | 336,856,000 | 331,392,000 |