Call reports 2024
BANK OF CLARENDON, THE — 2024
What BANK OF CLARENDON, THE 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 | 386,742,000 | 389,181,000 | 398,860,000 | 413,319,000 |
| Total loans | 189,794,000 | 190,408,000 | 194,229,000 | 196,352,000 |
| Allowance for loan losses | 1,687,000 | 1,727,000 | 1,800,000 | 1,810,000 |
| Securities available for sale | 93,288,000 | 98,753,000 | 107,670,000 | 107,544,000 |
| Securities held to maturity | 40,027,000 | 39,939,000 | 39,842,000 | 39,758,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 343,688,000 | 345,245,000 | 350,850,000 | 367,197,000 |
| Interest-bearing deposits | 238,261,000 | 240,501,000 | 249,373,000 | 271,132,000 |
| Noninterest-bearing deposits | 105,427,000 | 104,744,000 | 101,477,000 | 96,065,000 |
| Equity capital | 40,095,000 | 41,378,000 | 44,913,000 | 42,522,000 |
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 | 4,070,000 | 8,182,000 | 12,465,000 | 16,853,000 |
| Interest expense | 1,054,000 | 2,064,000 | 3,131,000 | 4,218,000 |
| Net interest income | 3,016,000 | 6,118,000 | 9,334,000 | 12,635,000 |
| Noninterest income | 666,000 | 930,000 | 1,705,000 | 2,458,000 |
| Noninterest expense | 2,252,000 | 4,536,000 | 6,879,000 | 9,784,000 |
| Provision for loan losses | 20,000 | 60,000 | 134,000 | 145,000 |
| Pretax income | 1,410,000 | 2,482,000 | 4,056,000 | 5,194,000 |
| Income tax | 290,000 | 289,000 | 624,000 | 894,000 |
| Net income | 1,120,000 | 2,193,000 | 3,432,000 | 4,300,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,540,000 | 48,361,000 | 49,428,000 | 49,674,000 |