Call reports 2024
SMARTBANK — 2024
What SMARTBANK 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 | 4,951,697,000 | 4,881,228,000 | 4,899,645,000 | 5,272,446,000 |
| Total loans | 3,482,416,000 | 3,577,261,000 | 3,723,283,000 | 3,912,336,000 |
| Allowance for loan losses | 34,203,000 | 34,690,000 | 35,609,000 | 37,423,000 |
| Securities available for sale | 474,347,000 | 500,821,000 | 501,336,000 | 482,328,000 |
| Securities held to maturity | 180,169,000 | 128,996,000 | 127,779,000 | 126,659,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,397,341,000 | 4,323,525,000 | 4,328,537,000 | 4,690,708,000 |
| Interest-bearing deposits | 3,486,867,000 | 3,413,355,000 | 3,458,542,000 | 3,720,931,000 |
| Noninterest-bearing deposits | 910,474,000 | 910,170,000 | 869,995,000 | 969,777,000 |
| Equity capital | 505,977,000 | 509,473,000 | 523,353,000 | 522,891,000 |
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 | 59,783,000 | 121,062,000 | 185,013,000 | 251,111,000 |
| Interest expense | 27,036,000 | 54,476,000 | 82,407,000 | 109,845,000 |
| Net interest income | 32,747,000 | 66,586,000 | 102,606,000 | 141,266,000 |
| Noninterest income | 8,380,000 | 16,063,000 | 25,286,000 | 34,267,000 |
| Noninterest expense | 28,301,000 | 57,299,000 | 88,005,000 | 120,041,000 |
| Provision for loan losses | -78,000 | 818,000 | 3,091,000 | 5,066,000 |
| Pretax income | 13,266,000 | 24,907,000 | 36,869,000 | 50,403,000 |
| Income tax | 2,939,000 | 5,586,000 | 7,489,000 | 10,525,000 |
| Net income | 10,327,000 | 19,321,000 | 29,380,000 | 39,878,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 432,268,000 | 434,650,000 | 440,593,000 | 445,159,000 |
| Total capital | 462,143,000 | 465,013,000 | 471,875,000 | 478,255,000 |
| Risk-weighted assets | 3,849,891,000 | 3,944,686,000 | 4,035,423,000 | 4,234,672,000 |