Call reports 2024
AMERICAN FEDERAL BANK — 2024
What AMERICAN FEDERAL 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 | 742,885,000 | 795,948,000 | 813,809,000 | 794,850,000 |
| Total loans | 644,932,000 | 685,108,000 | 702,918,000 | 692,934,000 |
| Allowance for loan losses | 6,198,000 | 6,675,000 | 6,868,000 | 6,986,000 |
| Securities available for sale | 59,151,000 | 70,568,000 | 66,546,000 | 61,201,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 587,653,000 | 584,228,000 | 578,157,000 | 612,527,000 |
| Interest-bearing deposits | 463,652,000 | 475,070,000 | 472,190,000 | 489,710,000 |
| Noninterest-bearing deposits | 124,001,000 | 109,158,000 | 105,967,000 | 122,817,000 |
| Equity capital | 60,948,000 | 64,956,000 | 67,061,000 | 68,095,000 |
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 | 9,704,000 | 20,186,000 | 31,640,000 | 41,595,000 |
| Interest expense | 3,472,000 | 7,495,000 | 12,284,000 | 16,518,000 |
| Net interest income | 6,232,000 | 12,691,000 | 19,356,000 | 25,077,000 |
| Noninterest income | 863,000 | 1,627,000 | 2,719,000 | 3,572,000 |
| Noninterest expense | 5,991,000 | 11,944,000 | 17,970,000 | 22,810,000 |
| Provision for loan losses | -95,000 | 380,000 | 574,000 | 701,000 |
| Pretax income | 1,103,000 | 1,958,000 | 3,498,000 | 5,087,000 |
| Income tax | 0 | 2,000 | 3,000 | 5,000 |
| Net income | 1,103,000 | 1,956,000 | 3,495,000 | 5,082,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 62,762,000 | 66,615,000 | 68,154,000 | 69,741,000 |
| Total capital | 69,335,000 | 73,589,000 | 75,328,000 | 77,031,000 |
| Risk-weighted assets | 544,396,000 | 576,514,000 | 589,260,000 | 583,232,000 |
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