Call reports 2024
FIRST SENTINEL BANK — 2024
What FIRST SENTINEL 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 | 393,969,000 | 388,889,000 | 393,357,000 | 394,509,000 |
| Total loans | 327,599,000 | 329,661,000 | 327,313,000 | 327,564,000 |
| Allowance for loan losses | 3,835,000 | 3,797,000 | 3,685,000 | 3,650,000 |
| Securities available for sale | 2,332,000 | 2,249,000 | 2,266,000 | 1,601,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 351,021,000 | 345,946,000 | 350,143,000 | 348,937,000 |
| Interest-bearing deposits | 295,637,000 | 292,886,000 | 297,953,000 | 296,261,000 |
| Noninterest-bearing deposits | 55,384,000 | 53,060,000 | 52,190,000 | 52,676,000 |
| Equity capital | 34,969,000 | 35,627,000 | 35,857,000 | 37,041,000 |
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 | 5,516,000 | 11,146,000 | 17,037,000 | 22,964,000 |
| Interest expense | 2,173,000 | 4,436,000 | 6,847,000 | 9,083,000 |
| Net interest income | 3,343,000 | 6,710,000 | 10,190,000 | 13,881,000 |
| Noninterest income | 535,000 | 1,114,000 | 1,766,000 | 2,517,000 |
| Noninterest expense | 2,870,000 | 5,692,000 | 8,497,000 | 11,105,000 |
| Provision for loan losses | 201,000 | 440,000 | 632,000 | 934,000 |
| Pretax income | 807,000 | 1,692,000 | 2,827,000 | 4,359,000 |
| Income tax | 189,000 | 394,000 | 651,000 | 977,000 |
| Net income | 618,000 | 1,298,000 | 2,176,000 | 3,382,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,191,000 | 35,876,000 | 36,058,000 | 37,272,000 |
| Total capital | 39,025,000 | 39,673,000 | 39,743,000 | 40,922,000 |
| Risk-weighted assets | 310,176,000 | 314,051,000 | 310,005,000 | 309,881,000 |