Call reports 2024
CONSTITUTION BANK, NATIONAL ASSOCIATION — 2024
What CONSTITUTION BANK, 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 | 591,383,000 | 598,662,000 | 633,958,000 | 620,966,000 |
| Total loans | 387,415,000 | 388,030,000 | 405,473,000 | 435,245,000 |
| Allowance for loan losses | 4,795,000 | 4,768,000 | 4,879,000 | 5,128,000 |
| Securities available for sale | 158,940,000 | 169,487,000 | 170,487,000 | 149,492,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 546,494,000 | 552,786,000 | 583,463,000 | 572,152,000 |
| Interest-bearing deposits | 475,106,000 | 482,979,000 | 508,995,000 | 493,268,000 |
| Noninterest-bearing deposits | 71,388,000 | 69,807,000 | 74,468,000 | 78,884,000 |
| Equity capital | 42,532,000 | 43,848,000 | 48,483,000 | 46,678,000 |
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 | 6,143,000 | 12,623,000 | 19,601,000 | 26,910,000 |
| Interest expense | 2,783,000 | 5,705,000 | 8,936,000 | 11,982,000 |
| Net interest income | 3,360,000 | 6,918,000 | 10,665,000 | 14,928,000 |
| Noninterest income | 516,000 | 1,142,000 | 1,773,000 | 2,239,000 |
| Noninterest expense | 2,914,000 | 5,943,000 | 9,046,000 | 12,183,000 |
| Provision for loan losses | 107,000 | 82,000 | 192,000 | 446,000 |
| Pretax income | 955,000 | 2,027,000 | 3,205,000 | 4,496,000 |
| Income tax | 277,000 | 588,000 | 930,000 | 1,270,000 |
| Net income | 678,000 | 1,439,000 | 2,275,000 | 3,226,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,361,000 | 58,121,000 | 58,958,000 | 59,909,000 |