Call reports 2024
AMALGAMATED BANK OF CHICAGO — 2024
What AMALGAMATED BANK OF CHICAGO 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 | 1,134,448,000 | 1,202,468,000 | 1,167,140,000 | 1,427,519,000 |
| Total loans | 702,648,000 | 714,892,000 | 737,387,000 | 760,131,000 |
| Allowance for loan losses | 9,864,000 | 10,164,000 | 10,957,000 | 11,275,000 |
| Securities available for sale | 148,147,000 | 136,730,000 | 133,689,000 | 134,674,000 |
| Securities held to maturity | 11,195,000 | 11,148,000 | 21,149,000 | 19,838,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 959,734,000 | 1,023,709,000 | 984,809,000 | 1,243,586,000 |
| Interest-bearing deposits | 490,170,000 | 494,117,000 | 501,300,000 | 520,923,000 |
| Noninterest-bearing deposits | 469,564,000 | 529,592,000 | 483,509,000 | 722,663,000 |
| Equity capital | 111,576,000 | 114,480,000 | 118,189,000 | 122,250,000 |
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 | 13,375,000 | 27,065,000 | 41,596,000 | 56,649,000 |
| Interest expense | 3,582,000 | 7,152,000 | 10,885,000 | 14,619,000 |
| Net interest income | 9,793,000 | 19,913,000 | 30,711,000 | 42,030,000 |
| Noninterest income | 3,917,000 | 8,026,000 | 12,042,000 | 15,957,000 |
| Noninterest expense | 9,931,000 | 20,291,000 | 30,608,000 | 40,904,000 |
| Provision for loan losses | 246,000 | 546,000 | 1,339,000 | 1,664,000 |
| Pretax income | 3,533,000 | 7,215,000 | 10,919,000 | 15,532,000 |
| Income tax | 950,000 | 1,897,000 | 2,850,000 | 4,044,000 |
| Net income | 2,583,000 | 5,318,000 | 8,069,000 | 11,488,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 116,295,000 | 118,821,000 | 121,364,000 | 124,285,000 |
| Total capital | 126,032,000 | 128,741,000 | 131,629,000 | 134,662,000 |
| Risk-weighted assets | 778,818,000 | 793,354,000 | 820,512,000 | 829,280,000 |