Call reports 2024
PATRIOT BANK, NATIONAL ASSOCIATION — 2024
What PATRIOT BANK, NATIONAL ASSOCIATION 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 | 1,072,925,000 | 1,038,764,000 | 973,835,000 | 1,012,044,000 |
| Total loans | 824,435,000 | 790,394,000 | 769,329,000 | 723,174,000 |
| Allowance for loan losses | 13,777,000 | 14,989,000 | 14,984,000 | 7,305,000 |
| Securities available for sale | 87,595,000 | 86,667,000 | 89,578,000 | 79,992,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 862,719,000 | 803,884,000 | 828,148,000 | 968,505,000 |
| Interest-bearing deposits | 755,422,000 | 711,235,000 | 738,018,000 | 850,434,000 |
| Noninterest-bearing deposits | 107,297,000 | 92,649,000 | 90,130,000 | 118,071,000 |
| Equity capital | 73,106,000 | 70,299,000 | 45,911,000 | 34,266,000 |
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 | 14,001,000 | 27,219,000 | 40,032,000 | 52,362,000 |
| Interest expense | 7,901,000 | 15,402,000 | 22,518,000 | 29,531,000 |
| Net interest income | 6,100,000 | 11,817,000 | 17,514,000 | 22,831,000 |
| Noninterest income | 2,271,000 | 4,334,000 | 6,449,000 | 8,696,000 |
| Noninterest expense | 7,199,000 | 15,157,000 | 23,497,000 | 31,893,000 |
| Provision for loan losses | 653,000 | 3,786,000 | 4,870,000 | 12,544,000 |
| Pretax income | 490,000 | -2,780,000 | -4,334,000 | -13,155,000 |
| Income tax | 254,000 | -480,000 | 24,362,000 | 24,549,000 |
| Net income | 236,000 | -2,300,000 | -28,696,000 | -37,704,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 90,908,000 | 87,477,000 | 64,542,000 | 55,546,000 |
| Total capital | 98,464,000 | 96,204,000 | 73,205,000 | 56,536,000 |
| Risk-weighted assets | 874,183,000 | 857,841,000 | 788,210,000 | 733,093,000 |