Call reports 2024
TRUSTBANK — 2024
What TRUSTBANK 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 | 570,805,000 | 564,729,000 | 583,949,000 | 585,783,000 |
| Total loans | 456,758,000 | 468,019,000 | 473,109,000 | 496,827,000 |
| Allowance for loan losses | 5,415,000 | 5,703,000 | 5,929,000 | 5,840,000 |
| Securities available for sale | 48,652,000 | 52,555,000 | 49,528,000 | 50,629,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 493,780,000 | 486,784,000 | 496,497,000 | 506,719,000 |
| Interest-bearing deposits | 400,559,000 | 397,082,000 | 413,380,000 | 416,358,000 |
| Noninterest-bearing deposits | 93,221,000 | 89,702,000 | 83,117,000 | 90,361,000 |
| Equity capital | 53,270,000 | 53,872,000 | 56,165,000 | 55,283,000 |
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 | 7,703,000 | 15,820,000 | 24,137,000 | 32,637,000 |
| Interest expense | 2,996,000 | 6,062,000 | 9,353,000 | 12,699,000 |
| Net interest income | 4,707,000 | 9,758,000 | 14,784,000 | 19,938,000 |
| Noninterest income | 1,900,000 | 3,966,000 | 6,136,000 | 8,293,000 |
| Noninterest expense | 4,574,000 | 9,062,000 | 13,911,000 | 18,856,000 |
| Provision for loan losses | 16,000 | 306,000 | 686,000 | 1,886,000 |
| Pretax income | 2,015,000 | 4,486,000 | 6,519,000 | 7,712,000 |
| Income tax | 30,000 | 60,000 | 90,000 | 120,000 |
| Net income | 1,985,000 | 4,426,000 | 6,429,000 | 7,592,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 52,111,000 | 52,627,000 | 53,904,000 | 53,941,000 |