Call reports 2024
BANK OF ADVANCE, THE — 2024
What BANK OF ADVANCE, 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 | 484,465,000 | 487,090,000 | 485,781,000 | 486,492,000 |
| Total loans | 368,690,000 | 370,759,000 | 376,186,000 | 379,646,000 |
| Allowance for loan losses | 5,445,000 | 5,507,000 | 5,468,000 | 5,327,000 |
| Securities available for sale | 73,821,000 | 74,331,000 | 76,609,000 | 70,748,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 423,359,000 | 423,165,000 | 417,445,000 | 424,134,000 |
| Interest-bearing deposits | 350,812,000 | 354,975,000 | 349,159,000 | 356,719,000 |
| Noninterest-bearing deposits | 72,547,000 | 68,190,000 | 68,286,000 | 67,415,000 |
| Equity capital | 54,406,000 | 56,927,000 | 61,097,000 | 55,597,000 |
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 | 7,285,000 | 14,704,000 | 22,377,000 | 30,112,000 |
| Interest expense | 2,449,000 | 5,010,000 | 7,653,000 | 10,246,000 |
| Net interest income | 4,836,000 | 9,694,000 | 14,724,000 | 19,866,000 |
| Noninterest income | 728,000 | 1,493,000 | 2,267,000 | 3,013,000 |
| Noninterest expense | 2,828,000 | 5,871,000 | 8,811,000 | 12,047,000 |
| Provision for loan losses | 17,000 | 33,000 | 52,000 | 74,000 |
| Pretax income | 2,719,000 | 5,283,000 | 8,128,000 | 10,654,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,719,000 | 5,283,000 | 8,128,000 | 10,654,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,299,000 | 59,863,000 | 62,707,000 | 58,034,000 |