Call reports 2024
AMERICAN CONTINENTAL BANK — 2024
What AMERICAN CONTINENTAL 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 | 339,588,000 | 346,726,000 | 358,143,000 | 357,116,000 |
| Total loans | 259,196,000 | 269,391,000 | 275,958,000 | 272,427,000 |
| Allowance for loan losses | 4,302,000 | 4,117,000 | 4,168,000 | 4,295,000 |
| Securities available for sale | 3,124,000 | 2,866,000 | 2,650,000 | 2,149,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 274,234,000 | 280,362,000 | 290,535,000 | 288,153,000 |
| Interest-bearing deposits | 255,825,000 | 259,813,000 | 268,506,000 | 268,446,000 |
| Noninterest-bearing deposits | 18,409,000 | 20,549,000 | 22,029,000 | 19,707,000 |
| Equity capital | 52,271,000 | 53,326,000 | 54,520,000 | 55,562,000 |
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 | 5,915,000 | 12,164,000 | 18,483,000 | 25,085,000 |
| Interest expense | 2,855,000 | 5,749,000 | 8,752,000 | 11,673,000 |
| Net interest income | 3,060,000 | 6,415,000 | 9,731,000 | 13,412,000 |
| Noninterest income | 247,000 | 599,000 | 1,137,000 | 1,866,000 |
| Noninterest expense | 2,247,000 | 4,450,000 | 6,620,000 | 8,762,000 |
| Provision for loan losses | 0 | 55,000 | 105,000 | 235,000 |
| Pretax income | 1,060,000 | 2,509,000 | 4,143,000 | 6,281,000 |
| Income tax | 295,000 | 700,000 | 1,159,000 | 1,761,000 |
| Net income | 765,000 | 1,809,000 | 2,984,000 | 4,520,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,070,000 | 52,276,000 | 53,492,000 | 54,504,000 |