Call reports 2024
CHESAPEAKE BANK — 2024
What CHESAPEAKE 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 | 1,507,835,000 | 1,529,013,000 | 1,585,686,000 | 1,520,250,000 |
| Total loans | 899,999,000 | 914,750,000 | 910,577,000 | 907,855,000 |
| Allowance for loan losses | 9,704,000 | 10,053,000 | 10,290,000 | 10,310,000 |
| Securities available for sale | 496,821,000 | 492,038,000 | 518,118,000 | 498,775,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,341,065,000 | 1,367,429,000 | 1,413,403,000 | 1,374,677,000 |
| Interest-bearing deposits | 1,054,306,000 | 1,073,729,000 | 1,107,526,000 | 1,056,366,000 |
| Noninterest-bearing deposits | 286,759,000 | 293,700,000 | 305,877,000 | 318,311,000 |
| Equity capital | 121,167,000 | 124,030,000 | 131,591,000 | 129,784,000 |
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 | 19,492,000 | 40,161,000 | 61,475,000 | 82,287,000 |
| Interest expense | 7,102,000 | 14,456,000 | 22,274,000 | 29,472,000 |
| Net interest income | 12,390,000 | 25,705,000 | 39,201,000 | 52,815,000 |
| Noninterest income | 5,921,000 | 12,953,000 | 20,604,000 | 27,570,000 |
| Noninterest expense | 14,284,000 | 30,198,000 | 47,413,000 | 64,266,000 |
| Provision for loan losses | 235,000 | 620,000 | 880,000 | 1,098,000 |
| Pretax income | 3,792,000 | 7,840,000 | 11,512,000 | 15,021,000 |
| Income tax | 654,000 | 1,361,000 | 1,977,000 | 2,269,000 |
| Net income | 3,138,000 | 6,479,000 | 9,535,000 | 12,752,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 149,272,000 | 151,469,000 | 153,678,000 | 155,451,000 |
| Total capital | 159,536,000 | 162,082,000 | 164,528,000 | 166,321,000 |
| Risk-weighted assets | 1,220,652,000 | 1,233,441,000 | 1,262,230,000 | 1,216,427,000 |