Call reports 2024
BEACON COMMUNITY BANK — 2024
What BEACON COMMUNITY 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 | 676,585,000 | 710,417,000 | 737,340,000 | 781,742,000 |
| Total loans | 593,880,000 | 626,070,000 | 648,706,000 | 692,236,000 |
| Allowance for loan losses | 5,556,000 | 5,725,000 | 5,813,000 | 5,850,000 |
| Securities available for sale | 30,276,000 | 29,700,000 | 30,046,000 | 26,736,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 507,884,000 | 544,212,000 | 587,963,000 | 609,147,000 |
| Interest-bearing deposits | 449,067,000 | 480,484,000 | 525,400,000 | 533,126,000 |
| Noninterest-bearing deposits | 58,817,000 | 63,728,000 | 62,563,000 | 76,021,000 |
| Equity capital | 49,320,000 | 49,706,000 | 52,591,000 | 55,004,000 |
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 | 8,389,000 | 17,698,000 | 27,845,000 | 38,000,000 |
| Interest expense | 4,916,000 | 10,145,000 | 15,972,000 | 21,746,000 |
| Net interest income | 3,473,000 | 7,553,000 | 11,873,000 | 16,254,000 |
| Noninterest income | 198,000 | 429,000 | 670,000 | 981,000 |
| Noninterest expense | 3,519,000 | 7,131,000 | 10,869,000 | 14,438,000 |
| Provision for loan losses | 0 | 161,000 | 249,000 | 294,000 |
| Pretax income | 152,000 | 690,000 | 1,425,000 | 2,503,000 |
| Income tax | 40,000 | 176,000 | 356,000 | 627,000 |
| Net income | 112,000 | 514,000 | 1,069,000 | 1,876,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 53,596,000 | 53,999,000 | 56,055,000 | 59,111,000 |
| Total capital | 59,151,000 | 59,724,000 | 61,868,000 | 64,961,000 |
| Risk-weighted assets | 548,084,000 | 581,596,000 | 598,194,000 | 634,536,000 |