Call reports 2024
DEERWOOD BANK — 2024
What DEERWOOD 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 | 1,030,689,000 | 979,218,000 | 1,174,111,000 | 1,180,009,000 |
| Total loans | 753,276,000 | 773,764,000 | 876,251,000 | 892,321,000 |
| Allowance for loan losses | 5,354,000 | 5,558,000 | 6,249,000 | 6,312,000 |
| Securities available for sale | 202,529,000 | 147,469,000 | 157,161,000 | 150,812,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 845,239,000 | 865,847,000 | 1,055,628,000 | 1,062,090,000 |
| Interest-bearing deposits | 596,044,000 | 616,066,000 | 743,112,000 | 771,740,000 |
| Noninterest-bearing deposits | 249,195,000 | 249,781,000 | 312,516,000 | 290,350,000 |
| Equity capital | 105,176,000 | 108,871,000 | 113,724,000 | 114,744,000 |
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 | 12,916,000 | 26,036,000 | 39,960,000 | 56,539,000 |
| Interest expense | 3,849,000 | 7,224,000 | 10,385,000 | 14,083,000 |
| Net interest income | 9,067,000 | 18,812,000 | 29,575,000 | 42,456,000 |
| Noninterest income | 1,016,000 | 2,607,000 | 3,907,000 | 5,278,000 |
| Noninterest expense | 6,905,000 | 14,236,000 | 21,084,000 | 30,335,000 |
| Provision for loan losses | 214,000 | 538,000 | 1,411,000 | 3,901,000 |
| Pretax income | 2,883,000 | 6,577,000 | 10,889,000 | 13,454,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,883,000 | 6,577,000 | 10,889,000 | 13,454,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 102,384,000 | 104,811,000 | 102,206,000 | 102,245,000 |
| Total capital | 107,969,000 | 110,588,000 | 108,704,000 | 108,752,000 |
| Risk-weighted assets | 787,243,000 | 786,390,000 | 909,202,000 | 919,212,000 |