Call reports 2024
BANK OF COMMERCE & TRUST COMPANY — 2024
What BANK OF COMMERCE & TRUST COMPANY 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 | 349,282,000 | 354,370,000 | 360,784,000 | 370,678,000 |
| Total loans | 86,595,000 | 93,991,000 | 95,292,000 | 92,382,000 |
| Allowance for loan losses | 673,000 | 662,000 | 662,000 | 645,000 |
| Securities available for sale | 222,295,000 | 222,630,000 | 229,088,000 | 224,428,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 319,809,000 | 324,178,000 | 311,885,000 | 333,934,000 |
| Interest-bearing deposits | 198,742,000 | 202,835,000 | 188,665,000 | 203,421,000 |
| Noninterest-bearing deposits | 121,067,000 | 121,343,000 | 123,220,000 | 130,513,000 |
| Equity capital | 18,125,000 | 19,453,000 | 25,812,000 | 22,774,000 |
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 | 2,398,000 | 4,855,000 | 7,309,000 | 9,706,000 |
| Interest expense | 552,000 | 1,126,000 | 1,782,000 | 2,458,000 |
| Net interest income | 1,846,000 | 3,729,000 | 5,527,000 | 7,248,000 |
| Noninterest income | 321,000 | 659,000 | 994,000 | 1,511,000 |
| Noninterest expense | 1,832,000 | 3,714,000 | 5,634,000 | 7,649,000 |
| Provision for loan losses | -25,000 | -25,000 | -25,000 | -25,000 |
| Pretax income | 311,000 | 650,000 | 863,000 | 1,001,000 |
| Income tax | 51,000 | 106,000 | 106,000 | 159,000 |
| Net income | 260,000 | 544,000 | 757,000 | 842,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,648,000 | 42,931,000 | 43,146,000 | 42,705,000 |