Call reports 2024
BANK CMG — 2024
What BANK CMG 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 | 597,102,000 | 583,683,000 | 642,943,000 | 641,006,000 |
| Total loans | 462,318,000 | 440,154,000 | 440,510,000 | 495,487,000 |
| Allowance for loan losses | 8,730,000 | 8,367,000 | 6,965,000 | 6,283,000 |
| Securities available for sale | 34,088,000 | 33,466,000 | 34,269,000 | 32,583,000 |
| Securities held to maturity | 0 | 0 | 0 | 5,525,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 504,392,000 | 500,931,000 | 558,308,000 | 555,811,000 |
| Interest-bearing deposits | 407,584,000 | 403,349,000 | 459,485,000 | 454,473,000 |
| Noninterest-bearing deposits | 96,808,000 | 97,582,000 | 98,823,000 | 101,338,000 |
| Equity capital | 62,345,000 | 63,087,000 | 65,393,000 | 64,779,000 |
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 | 8,574,000 | 17,078,000 | 25,913,000 | 35,378,000 |
| Interest expense | 3,501,000 | 6,916,000 | 10,337,000 | 14,024,000 |
| Net interest income | 5,073,000 | 10,162,000 | 15,576,000 | 21,354,000 |
| Noninterest income | 1,893,000 | 2,822,000 | 3,359,000 | 3,815,000 |
| Noninterest expense | 4,879,000 | 9,865,000 | 15,254,000 | 21,368,000 |
| Provision for loan losses | 1,000,000 | 1,500,000 | 700,000 | 1,347,000 |
| Pretax income | 1,087,000 | 1,619,000 | 2,981,000 | 2,248,000 |
| Income tax | 180,000 | 145,000 | 316,000 | -376,000 |
| Net income | 907,000 | 1,474,000 | 2,665,000 | 2,624,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,199,000 | 58,005,000 | 59,446,000 | 58,917,000 |
| Total capital | 63,420,000 | 63,980,000 | 65,502,000 | 65,436,000 |
| Risk-weighted assets | 495,206,000 | 475,612,000 | 483,544,000 | 537,668,000 |