Call reports 2024
BANK OF PONTIAC — 2024
What BANK OF PONTIAC 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 | 1,107,014,000 | 1,080,830,000 | 1,144,182,000 | 1,150,430,000 |
| Total loans | 777,349,000 | 788,710,000 | 792,830,000 | 811,911,000 |
| Allowance for loan losses | 8,029,000 | 8,410,000 | 8,663,000 | 9,220,000 |
| Securities available for sale | 158,613,000 | 157,414,000 | 160,615,000 | 155,986,000 |
| Securities held to maturity | 4,790,000 | 4,756,000 | 4,753,000 | 3,800,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 962,430,000 | 943,113,000 | 990,648,000 | 998,123,000 |
| Interest-bearing deposits | 595,482,000 | 582,066,000 | 582,756,000 | 580,298,000 |
| Noninterest-bearing deposits | 366,948,000 | 361,047,000 | 407,892,000 | 417,825,000 |
| Equity capital | 104,171,000 | 107,877,000 | 114,841,000 | 115,587,000 |
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 | 13,028,000 | 27,006,000 | 41,292,000 | 55,990,000 |
| Interest expense | 4,620,000 | 9,498,000 | 14,536,000 | 19,901,000 |
| Net interest income | 8,408,000 | 17,508,000 | 26,756,000 | 36,089,000 |
| Noninterest income | 1,063,000 | 3,083,000 | 4,764,000 | 5,899,000 |
| Noninterest expense | 5,729,000 | 11,847,000 | 17,438,000 | 22,963,000 |
| Provision for loan losses | 306,000 | 695,000 | 1,012,000 | 1,916,000 |
| Pretax income | 3,522,000 | 8,138,000 | 13,164,000 | 17,123,000 |
| Income tax | 877,000 | 2,034,000 | 3,345,000 | 4,400,000 |
| Net income | 2,645,000 | 6,104,000 | 9,819,000 | 12,723,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 93,224,000 | 94,065,000 | 97,930,000 | 100,983,000 |
| Total capital | 101,565,000 | 102,784,000 | 106,897,000 | 110,606,000 |
| Risk-weighted assets | 793,489,000 | 814,544,000 | 812,551,000 | 827,286,000 |