Call reports 2024
FOUNDATION BANK — 2024
What FOUNDATION BANK 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 | 198,986,000 | 198,263,000 | 199,765,000 | 206,518,000 |
| Total loans | 112,903,000 | 113,611,000 | 112,923,000 | 113,383,000 |
| Allowance for loan losses | 3,058,000 | 3,075,000 | 3,031,000 | 2,825,000 |
| Securities available for sale | 39,921,000 | 38,974,000 | 36,414,000 | 33,372,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 173,148,000 | 170,806,000 | 170,207,000 | 177,529,000 |
| Interest-bearing deposits | 116,998,000 | 116,235,000 | 114,471,000 | 122,463,000 |
| Noninterest-bearing deposits | 56,150,000 | 54,571,000 | 55,736,000 | 55,066,000 |
| Equity capital | 23,501,000 | 24,902,000 | 26,813,000 | 25,843,000 |
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 | 3,596,000 | 7,346,000 | 11,318,000 | 15,184,000 |
| Interest expense | 535,000 | 1,139,000 | 1,782,000 | 2,450,000 |
| Net interest income | 3,061,000 | 6,207,000 | 9,536,000 | 12,734,000 |
| Noninterest income | 679,000 | 1,479,000 | 2,206,000 | 2,900,000 |
| Noninterest expense | 2,169,000 | 4,401,000 | 6,668,000 | 9,139,000 |
| Provision for loan losses | 38,000 | 70,000 | 92,000 | 135,000 |
| Pretax income | 1,533,000 | 3,215,000 | 4,982,000 | 6,360,000 |
| Income tax | 385,000 | 838,000 | 1,293,000 | 1,607,000 |
| Net income | 1,148,000 | 2,377,000 | 3,689,000 | 4,753,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,230,000 | 26,459,000 | 27,770,000 | 26,835,000 |