Call reports 2024
TERRABANK, NATIONAL ASSOCIATION — 2024
What TERRABANK, NATIONAL ASSOCIATION 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 | 774,332,000 | 783,906,000 | 808,681,000 | 788,111,000 |
| Total loans | 516,732,000 | 521,372,000 | 524,453,000 | 523,975,000 |
| Allowance for loan losses | 6,804,000 | 7,014,000 | 7,037,000 | 7,169,000 |
| Securities available for sale | 216,704,000 | 214,621,000 | 219,732,000 | 204,117,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 694,380,000 | 706,669,000 | 730,562,000 | 724,892,000 |
| Interest-bearing deposits | 295,008,000 | 299,116,000 | 307,013,000 | 306,286,000 |
| Noninterest-bearing deposits | 399,372,000 | 407,553,000 | 423,549,000 | 418,606,000 |
| Equity capital | 48,960,000 | 50,917,000 | 57,124,000 | 57,600,000 |
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 | 7,618,000 | 15,419,000 | 23,497,000 | 31,711,000 |
| Interest expense | 2,515,000 | 5,114,000 | 7,791,000 | 10,255,000 |
| Net interest income | 5,103,000 | 10,305,000 | 15,706,000 | 21,456,000 |
| Noninterest income | 1,338,000 | 2,757,000 | 4,146,000 | 5,566,000 |
| Noninterest expense | 5,358,000 | 10,613,000 | 15,805,000 | 20,899,000 |
| Provision for loan losses | 323,000 | 539,000 | 564,000 | 701,000 |
| Pretax income | 840,000 | 1,920,000 | 3,512,000 | 5,435,000 |
| Income tax | 196,000 | 453,000 | 836,000 | 1,327,000 |
| Net income | 644,000 | 1,467,000 | 2,676,000 | 4,108,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 68,219,000 | 68,868,000 | 69,801,000 | 73,438,000 |
| Total capital | 74,568,000 | 75,494,000 | 76,451,000 | 80,219,000 |
| Risk-weighted assets | 484,434,000 | 488,848,000 | 487,911,000 | 484,498,000 |