Call reports 2024
PROMISEONE BANK — 2024
What PROMISEONE 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 | 723,214,000 | 714,876,000 | 722,572,000 | 811,450,000 |
| Total loans | 558,025,000 | 565,246,000 | 575,005,000 | 584,399,000 |
| Allowance for loan losses | 5,185,000 | 5,158,000 | 5,160,000 | 5,416,000 |
| Securities available for sale | 70,323,000 | 70,928,000 | 74,248,000 | 69,694,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 614,134,000 | 602,684,000 | 629,061,000 | 738,666,000 |
| Interest-bearing deposits | 514,746,000 | 509,056,000 | 517,874,000 | 610,821,000 |
| Noninterest-bearing deposits | 99,388,000 | 93,628,000 | 111,187,000 | 127,845,000 |
| Equity capital | 60,192,000 | 60,926,000 | 65,738,000 | 62,492,000 |
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 | 11,293,000 | 22,644,000 | 33,843,000 | 46,725,000 |
| Interest expense | 6,217,000 | 12,412,000 | 18,577,000 | 25,307,000 |
| Net interest income | 5,076,000 | 10,232,000 | 15,266,000 | 21,418,000 |
| Noninterest income | 1,382,000 | 2,624,000 | 4,040,000 | 5,385,000 |
| Noninterest expense | 3,488,000 | 6,989,000 | 10,609,000 | 15,100,000 |
| Provision for loan losses | 185,000 | 300,000 | 300,000 | 550,000 |
| Pretax income | 2,770,000 | 5,537,000 | 8,367,000 | 11,123,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,770,000 | 5,537,000 | 8,367,000 | 11,123,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 81,158,000 | 80,873,000 | 82,076,000 | 81,936,000 |
| Total capital | 86,428,000 | 86,131,000 | 87,336,000 | 87,452,000 |
| Risk-weighted assets | 472,724,000 | 476,091,000 | 481,517,000 | 503,912,000 |