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Call reports 2024

BANK OF THE JAMES — 2024

What BANK OF THE JAMES reported to the FFIEC in 2024, quarter by quarter.

PERIOD: 2024SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/d561f6e8-6c3a-46bb-9955-140cdaef2b75/2024

Balance sheet

What the bank holds and owes at quarter end

Measure2024Q12024Q22024Q32024Q4
Total assets974,801,000968,183,000998,382,000970,140,000
Total loans612,675,000627,873,000637,429,000647,212,000
Allowance for loan losses6,920,0006,951,0007,078,0007,044,000
Securities available for sale214,823,000206,178,000192,470,000187,916,000
Securities held to maturity3,618,0003,614,0003,610,0003,606,000
Trading assets0000
Total deposits894,898,000887,827,000910,498,000890,163,000
Interest-bearing deposits749,875,000748,879,000775,388,000752,712,000
Noninterest-bearing deposits145,023,000138,948,000135,110,000137,451,000
Equity capital68,951,00068,925,00076,214,00067,646,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2024Q12024Q22024Q32024Q4
Interest income10,598,00022,043,00033,609,00045,579,000
Interest expense3,365,0007,014,00010,876,00014,629,000
Net interest income7,233,00015,029,00022,733,00030,950,000
Noninterest income2,084,0004,560,0007,121,0009,556,000
Noninterest expense7,559,00015,647,00023,769,00032,601,000
Provision for loan losses-500,000-600,000-494,000-533,000
Pretax income2,310,0004,658,0006,751,0008,622,000
Income tax448,000899,0001,295,0001,601,000
Net income1,862,0003,759,0005,456,0007,021,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2024Q12024Q22024Q32024Q4
Tier 1 capital92,700,00093,097,00094,794,00091,359,000
Total capital99,620,000100,048,000101,872,00098,403,000
Risk-weighted assets734,801,000747,705,000753,334,000766,614,000