Call reports 2024
MALAGA BANK, FSB — 2024
What MALAGA BANK, FSB 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 | 1,455,235,000 | 1,424,575,000 | 1,403,093,000 | 1,412,360,000 |
| Total loans | 1,262,692,000 | 1,236,032,000 | 1,232,187,000 | 1,242,838,000 |
| Allowance for loan losses | 3,880,000 | 3,737,000 | 3,719,000 | 3,775,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 920,279,000 | 917,730,000 | 909,276,000 | 934,177,000 |
| Interest-bearing deposits | 747,603,000 | 743,960,000 | 732,907,000 | 765,803,000 |
| Noninterest-bearing deposits | 172,676,000 | 173,770,000 | 176,369,000 | 168,374,000 |
| Equity capital | 212,810,000 | 216,320,000 | 219,591,000 | 222,628,000 |
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 | 17,339,000 | 34,705,000 | 51,857,000 | 68,642,000 |
| Interest expense | 5,903,000 | 11,799,000 | 17,641,000 | 23,307,000 |
| Net interest income | 11,436,000 | 22,906,000 | 34,216,000 | 45,335,000 |
| Noninterest income | 916,000 | 1,185,000 | 1,395,000 | 1,625,000 |
| Noninterest expense | 3,519,000 | 6,871,000 | 10,240,000 | 13,675,000 |
| Provision for loan losses | -28,000 | -172,000 | -191,000 | -135,000 |
| Pretax income | 8,861,000 | 17,392,000 | 25,562,000 | 33,422,000 |
| Income tax | 2,627,000 | 5,148,000 | 7,547,000 | 9,870,000 |
| Net income | 6,234,000 | 12,244,000 | 18,015,000 | 23,552,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 212,810,000 | 216,320,000 | 219,591,000 | 222,628,000 |
| Total capital | 216,719,000 | 220,085,000 | 223,338,000 | 226,429,000 |
| Risk-weighted assets | 846,163,000 | 825,575,000 | 823,779,000 | 806,800,000 |