Call reports 2024
PHILADELPHIA TRUST COMPANY, THE — 2024
What PHILADELPHIA TRUST COMPANY, 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 | 25,829,000 | 24,732,000 | 26,971,000 | 26,481,000 |
| Total loans | 5,476,000 | 7,119,000 | 7,618,000 | 8,136,000 |
| Allowance for loan losses | 124,000 | 124,000 | 124,000 | 124,000 |
| Securities available for sale | 10,187,000 | 10,475,000 | 10,681,000 | 10,639,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,344,000 | 4,912,000 | 5,549,000 | 5,891,000 |
| Interest-bearing deposits | 4,934,000 | 4,910,000 | 5,547,000 | 5,598,000 |
| Noninterest-bearing deposits | 410,000 | 2,000 | 2,000 | 293,000 |
| Equity capital | 18,009,000 | 17,345,000 | 18,421,000 | 18,100,000 |
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 | 190,000 | 379,000 | 637,000 | 906,000 |
| Interest expense | 65,000 | 130,000 | 202,000 | 276,000 |
| Net interest income | 125,000 | 249,000 | 435,000 | 630,000 |
| Noninterest income | 2,580,000 | 5,261,000 | 8,593,000 | 11,755,000 |
| Noninterest expense | 1,947,000 | 3,932,000 | 6,087,000 | 8,245,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 758,000 | 1,578,000 | 2,941,000 | 4,140,000 |
| Income tax | 173,000 | 382,000 | 733,000 | 900,000 |
| Net income | 585,000 | 1,196,000 | 2,208,000 | 3,240,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,997,000 | 17,309,000 | 18,322,000 | 18,055,000 |