Call reports 2024
STRIDE BANK, NATIONAL ASSOCIATION — 2024
What STRIDE BANK, NATIONAL ASSOCIATION 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 | 4,566,959,000 | 4,013,774,000 | 3,740,694,000 | 3,928,318,000 |
| Total loans | 3,301,827,000 | 3,067,238,000 | 3,168,102,000 | 3,336,490,000 |
| Allowance for loan losses | 14,986,000 | 17,012,000 | 15,519,000 | 17,169,000 |
| Securities available for sale | 314,433,000 | 216,809,000 | 219,562,000 | 220,662,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,284,185,000 | 3,722,345,000 | 3,429,177,000 | 3,598,078,000 |
| Interest-bearing deposits | 372,947,000 | 368,479,000 | 385,116,000 | 408,062,000 |
| Noninterest-bearing deposits | 3,911,238,000 | 3,353,866,000 | 3,044,061,000 | 3,190,016,000 |
| Equity capital | 249,795,000 | 266,490,000 | 283,789,000 | 298,136,000 |
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 | 29,362,000 | 60,170,000 | 90,678,000 | 121,902,000 |
| Interest expense | 1,907,000 | 3,789,000 | 5,826,000 | 7,958,000 |
| Net interest income | 27,455,000 | 56,381,000 | 84,852,000 | 113,944,000 |
| Noninterest income | 19,323,000 | 38,693,000 | 59,618,000 | 80,606,000 |
| Noninterest expense | 19,563,000 | 39,498,000 | 60,145,000 | 82,392,000 |
| Provision for loan losses | 1,950,000 | 3,900,000 | 7,488,000 | 8,679,000 |
| Pretax income | 25,265,000 | 51,676,000 | 76,837,000 | 103,479,000 |
| Income tax | 6,007,000 | 12,259,000 | 18,361,000 | 24,605,000 |
| Net income | 19,258,000 | 39,417,000 | 58,476,000 | 78,874,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 255,331,000 | 270,889,000 | 285,448,000 | 300,846,000 |
| Total capital | 271,234,000 | 288,817,000 | 301,884,000 | 318,932,000 |
| Risk-weighted assets | 1,412,608,000 | 1,490,388,000 | 1,543,661,000 | 1,646,654,000 |