Call reports 2024
FOCUS BANK — 2024
What FOCUS 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 | 821,596,000 | 819,584,000 | 837,188,000 | 829,050,000 |
| Total loans | 680,494,000 | 685,674,000 | 703,871,000 | 694,246,000 |
| Allowance for loan losses | 7,076,000 | 7,112,000 | 7,299,000 | 7,448,000 |
| Securities available for sale | 63,326,000 | 64,139,000 | 64,151,000 | 61,978,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 643,464,000 | 619,759,000 | 626,834,000 | 644,600,000 |
| Interest-bearing deposits | 496,728,000 | 490,138,000 | 498,043,000 | 511,106,000 |
| Noninterest-bearing deposits | 146,736,000 | 129,621,000 | 128,791,000 | 133,494,000 |
| Equity capital | 91,767,000 | 92,729,000 | 95,031,000 | 94,980,000 |
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 | 11,358,000 | 23,189,000 | 35,750,000 | 48,560,000 |
| Interest expense | 3,596,000 | 7,473,000 | 11,866,000 | 16,367,000 |
| Net interest income | 7,762,000 | 15,716,000 | 23,884,000 | 32,193,000 |
| Noninterest income | 1,282,000 | 2,798,000 | 4,260,000 | 5,621,000 |
| Noninterest expense | 6,288,000 | 12,594,000 | 18,915,000 | 25,214,000 |
| Provision for loan losses | 70,000 | 284,000 | 611,000 | 813,000 |
| Pretax income | 2,611,000 | 5,548,000 | 8,527,000 | 11,715,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,611,000 | 5,548,000 | 8,527,000 | 11,715,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 99,759,000 | 100,695,000 | 100,674,000 | 102,163,000 |