Call reports 2024
AMERICAN BANK OF COMMERCE — 2024
What AMERICAN BANK OF COMMERCE 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 | 1,415,276,000 | 1,396,021,000 | 1,464,340,000 | 1,453,438,000 |
| Total loans | 877,086,000 | 879,044,000 | 895,748,000 | 894,186,000 |
| Allowance for loan losses | 12,584,000 | 12,811,000 | 12,445,000 | 12,103,000 |
| Securities available for sale | 431,087,000 | 419,464,000 | 426,383,000 | 405,345,000 |
| Securities held to maturity | 2,190,000 | 2,190,000 | 1,850,000 | 1,850,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,301,728,000 | 1,270,199,000 | 1,320,406,000 | 1,331,390,000 |
| Interest-bearing deposits | 883,117,000 | 872,326,000 | 882,217,000 | 895,730,000 |
| Noninterest-bearing deposits | 418,611,000 | 397,873,000 | 438,189,000 | 435,660,000 |
| Equity capital | 82,259,000 | 81,393,000 | 95,846,000 | 88,372,000 |
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 | 17,804,000 | 34,908,000 | 52,726,000 | 71,065,000 |
| Interest expense | 8,386,000 | 16,741,000 | 25,413,000 | 33,043,000 |
| Net interest income | 9,418,000 | 18,167,000 | 27,313,000 | 38,022,000 |
| Noninterest income | 1,000,000 | 2,087,000 | 3,146,000 | 4,342,000 |
| Noninterest expense | 7,886,000 | 15,218,000 | 23,088,000 | 31,513,000 |
| Provision for loan losses | 239,000 | 478,000 | 121,000 | -71,000 |
| Pretax income | 2,293,000 | 4,558,000 | 7,250,000 | 10,922,000 |
| Income tax | 438,000 | 874,000 | 1,472,000 | 2,091,000 |
| Net income | 1,849,000 | 3,674,000 | 5,757,000 | 8,799,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 136,286,000 | 137,682,000 | 139,335,000 | 141,977,000 |
| Total capital | 148,870,000 | 150,493,000 | 151,780,000 | 154,080,000 |
| Risk-weighted assets | 1,083,028,000 | 1,066,209,000 | 1,086,384,000 | 1,101,680,000 |