Call reports 2024
WEST ALABAMA BANK & TRUST — 2024
What WEST ALABAMA BANK & TRUST 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 | 906,001,000 | 911,423,000 | 932,558,000 | 972,069,000 |
| Total loans | 533,719,000 | 540,189,000 | 558,194,000 | 592,685,000 |
| Allowance for loan losses | 5,865,000 | 6,414,000 | 6,548,000 | 6,851,000 |
| Securities available for sale | 237,109,000 | 240,962,000 | 250,951,000 | 233,359,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 773,136,000 | 774,607,000 | 786,573,000 | 854,033,000 |
| Interest-bearing deposits | 571,883,000 | 569,752,000 | 585,444,000 | 589,340,000 |
| Noninterest-bearing deposits | 201,253,000 | 204,855,000 | 201,129,000 | 264,693,000 |
| Equity capital | 72,077,000 | 74,078,000 | 84,190,000 | 76,651,000 |
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 | 11,060,000 | 22,550,000 | 34,567,000 | 46,494,000 |
| Interest expense | 4,862,000 | 9,915,000 | 15,201,000 | 20,160,000 |
| Net interest income | 6,198,000 | 12,635,000 | 19,366,000 | 26,334,000 |
| Noninterest income | 1,444,000 | 2,978,000 | 4,406,000 | 6,687,000 |
| Noninterest expense | 4,652,000 | 9,743,000 | 14,772,000 | 20,726,000 |
| Provision for loan losses | 75,000 | 175,000 | 325,000 | 950,000 |
| Pretax income | 2,915,000 | 5,716,000 | 8,698,000 | 11,329,000 |
| Income tax | 627,000 | 1,226,000 | 1,872,000 | 2,421,000 |
| Net income | 2,288,000 | 4,490,000 | 6,826,000 | 8,908,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 101,517,000 | 102,069,000 | 104,405,000 | 104,697,000 |