Call reports 2024
RICHWOOD BANKING COMPANY, INC., THE — 2024
What RICHWOOD BANKING COMPANY, INC., 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 | 1,279,165,000 | 1,185,558,000 | 1,259,299,000 | 1,217,625,000 |
| Total loans | 774,245,000 | 781,995,000 | 788,766,000 | 800,871,000 |
| Allowance for loan losses | 8,193,000 | 8,125,000 | 7,791,000 | 7,686,000 |
| Securities available for sale | 281,415,000 | 279,463,000 | 283,316,000 | 268,099,000 |
| Securities held to maturity | 4,024,000 | 4,011,000 | 3,998,000 | 3,740,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,109,779,000 | 1,049,674,000 | 1,113,330,000 | 1,066,755,000 |
| Interest-bearing deposits | 1,027,522,000 | 971,296,000 | 1,026,952,000 | 969,645,000 |
| Noninterest-bearing deposits | 82,257,000 | 78,378,000 | 86,378,000 | 97,110,000 |
| Equity capital | 76,950,000 | 79,602,000 | 91,089,000 | 85,694,000 |
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 | 14,824,000 | 30,118,000 | 45,465,000 | 60,234,000 |
| Interest expense | 5,780,000 | 10,417,000 | 15,378,000 | 19,667,000 |
| Net interest income | 9,044,000 | 19,701,000 | 30,087,000 | 40,567,000 |
| Noninterest income | 1,434,000 | 3,347,000 | 4,882,000 | 6,501,000 |
| Noninterest expense | 7,838,000 | 15,992,000 | 24,381,000 | 32,538,000 |
| Provision for loan losses | 194,000 | 324,000 | 23,000 | 400,000 |
| Pretax income | 2,455,000 | 6,511,000 | 10,169,000 | 13,710,000 |
| Income tax | 424,000 | 1,155,000 | 1,831,000 | 2,591,000 |
| Net income | 2,031,000 | 5,356,000 | 8,338,000 | 11,119,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 108,437,000 | 111,869,000 | 114,958,000 | 117,758,000 |
| Total capital | 115,900,000 | 119,221,000 | 122,151,000 | 124,871,000 |
| Risk-weighted assets | 880,042,000 | 878,054,000 | 878,019,000 | 893,334,000 |