Call reports 2024
PERENNIAL BANK — 2024
What PERENNIAL 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 | 141,296,000 | 139,253,000 | 138,625,000 | 142,681,000 |
| Total loans | 53,185,000 | 54,980,000 | 56,707,000 | 57,237,000 |
| Allowance for loan losses | 706,000 | 729,000 | 751,000 | 724,000 |
| Securities available for sale | 62,855,000 | 59,661,000 | 58,231,000 | 56,561,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 132,410,000 | 130,345,000 | 127,696,000 | 132,738,000 |
| Interest-bearing deposits | 92,324,000 | 91,337,000 | 90,034,000 | 93,765,000 |
| Noninterest-bearing deposits | 40,086,000 | 39,008,000 | 37,662,000 | 38,973,000 |
| Equity capital | 8,173,000 | 8,139,000 | 10,097,000 | 9,262,000 |
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 | 1,234,000 | 2,467,000 | 3,766,000 | 5,123,000 |
| Interest expense | 318,000 | 678,000 | 1,053,000 | 1,438,000 |
| Net interest income | 916,000 | 1,789,000 | 2,713,000 | 3,685,000 |
| Noninterest income | 84,000 | 171,000 | 277,000 | 398,000 |
| Noninterest expense | 639,000 | 1,254,000 | 1,932,000 | 2,643,000 |
| Provision for loan losses | 45,000 | 67,000 | 90,000 | 113,000 |
| Pretax income | 316,000 | 639,000 | 968,000 | 1,327,000 |
| Income tax | 2,000 | 53,000 | 81,000 | 110,000 |
| Net income | 314,000 | 586,000 | 887,000 | 1,217,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,292,000 | 13,405,000 | 13,624,000 | 13,895,000 |
| Total capital | 13,998,000 | 14,131,000 | 14,362,000 | 14,619,000 |
| Risk-weighted assets | 56,910,000 | 58,072,000 | 58,983,000 | 60,591,000 |