Call reports 2024
APEX BANK — 2024
What APEX 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 | 1,297,261,000 | 1,265,135,000 | 1,250,564,000 | 1,262,637,000 |
| Total loans | 1,030,169,000 | 1,079,789,000 | 1,079,345,000 | 1,106,361,000 |
| Allowance for loan losses | 11,847,000 | 12,004,000 | 11,958,000 | 11,931,000 |
| Securities available for sale | 6,200,000 | 6,165,000 | 8,394,000 | 8,522,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 992,154,000 | 952,225,000 | 925,746,000 | 956,424,000 |
| Interest-bearing deposits | 845,991,000 | 812,396,000 | 789,781,000 | 798,713,000 |
| Noninterest-bearing deposits | 146,163,000 | 139,829,000 | 135,965,000 | 157,711,000 |
| Equity capital | 185,183,000 | 193,040,000 | 203,235,000 | 193,000,000 |
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 | 23,703,000 | 45,731,000 | 69,543,000 | 93,602,000 |
| Interest expense | 7,106,000 | 13,936,000 | 20,466,000 | 26,686,000 |
| Net interest income | 16,597,000 | 31,795,000 | 49,077,000 | 66,916,000 |
| Noninterest income | 1,125,000 | 3,163,000 | 5,408,000 | 7,609,000 |
| Noninterest expense | 6,840,000 | 13,730,000 | 20,792,000 | 27,743,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 10,882,000 | 21,228,000 | 33,693,000 | 46,782,000 |
| Income tax | 2,565,000 | 5,006,000 | 7,955,000 | 11,353,000 |
| Net income | 8,317,000 | 16,222,000 | 25,738,000 | 35,429,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 173,399,000 | 181,473,000 | 191,161,000 | 182,495,000 |
| Total capital | 182,290,000 | 190,710,000 | 200,531,000 | 191,988,000 |
| Risk-weighted assets | 708,342,000 | 736,189,000 | 747,034,000 | 757,023,000 |