Call reports 2024
BANK47 — 2024
What BANK47 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 | 62,146,000 | 61,077,000 | 70,138,000 | 73,675,000 |
| Total loans | 17,383,000 | 16,424,000 | 26,447,000 | 27,321,000 |
| Allowance for loan losses | 918,000 | 982,000 | 730,000 | 853,000 |
| Securities available for sale | 20,121,000 | 20,088,000 | 20,719,000 | 19,515,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,451,000 | 50,690,000 | 59,290,000 | 64,207,000 |
| Interest-bearing deposits | 41,251,000 | 40,549,000 | 48,867,000 | 52,379,000 |
| Noninterest-bearing deposits | 10,200,000 | 10,141,000 | 10,423,000 | 11,828,000 |
| Equity capital | 10,258,000 | 10,016,000 | 10,481,000 | 8,991,000 |
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 | 670,000 | 1,397,000 | 2,137,000 | 3,005,000 |
| Interest expense | 125,000 | 263,000 | 418,000 | 632,000 |
| Net interest income | 545,000 | 1,134,000 | 1,719,000 | 2,373,000 |
| Noninterest income | 77,000 | 155,000 | 228,000 | 370,000 |
| Noninterest expense | 1,051,000 | 2,128,000 | 3,138,000 | 4,594,000 |
| Provision for loan losses | 0 | 60,000 | 150,000 | 270,000 |
| Pretax income | -429,000 | -899,000 | -1,341,000 | -2,121,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -429,000 | -899,000 | -1,341,000 | -2,121,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,195,000 | 14,725,000 | 14,283,000 | 13,745,000 |
| Total capital | 15,503,000 | 15,018,000 | 14,703,000 | 14,179,000 |
| Risk-weighted assets | 24,061,000 | 22,779,000 | 33,339,000 | 34,331,000 |