Call reports 2024
BAR HARBOR BANK AND TRUST COMPANY — 2024
What BAR HARBOR BANK AND TRUST COMPANY 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 | 3,955,727,000 | 4,030,143,000 | 4,025,992,000 | 4,077,997,000 |
| Total loans | 3,014,809,000 | 3,068,078,000 | 3,083,007,000 | 3,148,332,000 |
| Allowance for loan losses | 28,355,000 | 28,855,000 | 29,023,000 | 28,744,000 |
| Securities available for sale | 527,596,000 | 512,927,000 | 535,892,000 | 520,450,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,137,892,000 | 3,147,483,000 | 3,269,616,000 | 3,274,818,000 |
| Interest-bearing deposits | 2,582,580,000 | 2,587,398,000 | 2,656,122,000 | 2,692,039,000 |
| Noninterest-bearing deposits | 555,312,000 | 560,085,000 | 613,494,000 | 582,779,000 |
| Equity capital | 487,592,000 | 493,698,000 | 513,464,000 | 493,072,000 |
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 | 45,738,000 | 92,474,000 | 140,951,000 | 188,360,000 |
| Interest expense | 16,762,000 | 34,853,000 | 53,459,000 | 70,906,000 |
| Net interest income | 28,976,000 | 57,621,000 | 87,492,000 | 117,454,000 |
| Noninterest income | 8,417,000 | 18,118,000 | 27,802,000 | 37,167,000 |
| Noninterest expense | 22,687,000 | 45,347,000 | 68,661,000 | 91,306,000 |
| Provision for loan losses | 289,000 | 874,000 | 1,102,000 | 955,000 |
| Pretax income | 14,602,000 | 29,753,000 | 45,731,000 | 62,014,000 |
| Income tax | 3,030,000 | 6,123,000 | 8,097,000 | 11,289,000 |
| Net income | 11,572,000 | 23,630,000 | 37,634,000 | 50,725,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 415,867,000 | 425,125,000 | 432,722,000 | 421,031,000 |
| Total capital | 447,860,000 | 457,619,000 | 465,418,000 | 452,823,000 |
| Risk-weighted assets | 3,176,662,000 | 3,240,469,000 | 3,284,305,000 | 3,368,931,000 |