Call reports 2024
PATRIOTS BANK — 2024
What PATRIOTS 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 | 232,645,000 | 241,004,000 | 237,030,000 | 236,173,000 |
| Total loans | 175,466,000 | 182,911,000 | 181,669,000 | 184,404,000 |
| Allowance for loan losses | 1,760,000 | 1,805,000 | 1,849,000 | 1,893,000 |
| Securities available for sale | 22,912,000 | 22,657,000 | 23,462,000 | 22,121,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 202,849,000 | 210,316,000 | 208,512,000 | 205,793,000 |
| Interest-bearing deposits | 166,244,000 | 175,675,000 | 173,173,000 | 171,089,000 |
| Noninterest-bearing deposits | 36,605,000 | 34,641,000 | 35,339,000 | 34,704,000 |
| Equity capital | 17,146,000 | 17,479,000 | 18,830,000 | 18,927,000 |
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 | 3,628,000 | 7,495,000 | 11,498,000 | 15,615,000 |
| Interest expense | 1,275,000 | 2,674,000 | 4,225,000 | 5,688,000 |
| Net interest income | 2,353,000 | 4,821,000 | 7,273,000 | 9,927,000 |
| Noninterest income | 298,000 | 518,000 | 748,000 | 953,000 |
| Noninterest expense | 1,788,000 | 3,623,000 | 5,462,000 | 7,118,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 818,000 | 1,626,000 | 2,424,000 | 3,582,000 |
| Income tax | 44,000 | 58,000 | 93,000 | 130,000 |
| Net income | 774,000 | 1,568,000 | 2,331,000 | 3,452,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,107,000 | 19,708,000 | 20,470,000 | 21,128,000 |
| Total capital | 20,867,000 | 21,513,000 | 22,319,000 | 23,021,000 |
| Risk-weighted assets | 182,713,000 | 189,221,000 | 188,970,000 | 191,191,000 |