Call reports 2024
AMERICAN EXCHANGE BANK — 2024
What AMERICAN EXCHANGE 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 | 91,839,000 | 92,463,000 | 89,897,000 | 90,525,000 |
| Total loans | 72,145,000 | 72,981,000 | 73,588,000 | 74,721,000 |
| Allowance for loan losses | 901,000 | 881,000 | 888,000 | 869,000 |
| Securities available for sale | 6,058,000 | 5,976,000 | 6,016,000 | 5,390,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,876,000 | 82,236,000 | 78,180,000 | 77,391,000 |
| Interest-bearing deposits | 61,134,000 | 62,674,000 | 59,115,000 | 58,048,000 |
| Noninterest-bearing deposits | 20,742,000 | 19,562,000 | 19,065,000 | 19,343,000 |
| Equity capital | 9,054,000 | 9,314,000 | 10,837,000 | 12,198,000 |
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 | 1,333,000 | 2,713,000 | 4,158,000 | 5,600,000 |
| Interest expense | 274,000 | 551,000 | 857,000 | 1,179,000 |
| Net interest income | 1,059,000 | 2,162,000 | 3,301,000 | 4,421,000 |
| Noninterest income | 133,000 | 286,000 | 426,000 | 574,000 |
| Noninterest expense | 825,000 | 1,674,000 | 2,493,000 | 3,504,000 |
| Provision for loan losses | 17,000 | 26,000 | 40,000 | 57,000 |
| Pretax income | 352,000 | 751,000 | 1,196,000 | 1,436,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 352,000 | 751,000 | 1,196,000 | 1,436,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,717,000 | 9,953,000 | 11,305,000 | 12,812,000 |