Call reports 2024
OLD GLORY BANK — 2024
What OLD GLORY 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 | 122,979,000 | 139,708,000 | 160,223,000 | 183,423,000 |
| Total loans | 10,164,000 | 3,337,000 | 3,375,000 | 4,524,000 |
| Allowance for loan losses | 30,000 | 31,000 | 40,000 | 42,000 |
| Securities available for sale | 613,000 | 612,000 | 422,000 | 423,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 106,292,000 | 128,767,000 | 149,415,000 | 173,205,000 |
| Interest-bearing deposits | 60,756,000 | 81,247,000 | 96,341,000 | 112,617,000 |
| Noninterest-bearing deposits | 45,536,000 | 47,520,000 | 53,074,000 | 60,588,000 |
| Equity capital | 10,300,000 | 10,842,000 | 10,655,000 | 10,093,000 |
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 | 1,408,000 | 2,846,000 | 4,839,000 | 6,828,000 |
| Interest expense | 267,000 | 386,000 | 669,000 | 1,008,000 |
| Net interest income | 1,141,000 | 2,460,000 | 4,170,000 | 5,820,000 |
| Noninterest income | 878,000 | 1,038,000 | 1,234,000 | 1,360,000 |
| Noninterest expense | 4,943,000 | 10,392,000 | 14,774,000 | 20,106,000 |
| Provision for loan losses | 6,000 | 7,000 | 16,000 | 18,000 |
| Pretax income | -2,930,000 | -6,901,000 | -9,386,000 | -12,944,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -2,930,000 | -6,901,000 | -9,386,000 | -12,944,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,487,000 | 10,044,000 | 10,549,000 | 9,992,000 |
| Total capital | 9,517,000 | 10,075,000 | 10,589,000 | 10,034,000 |
| Risk-weighted assets | 12,646,000 | 11,835,000 | 12,534,000 | 16,373,000 |