Call reports 2024
BAC COMMUNITY BANK — 2024
What BAC 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 | 800,529,000 | 796,155,000 | 822,914,000 | 783,096,000 |
| Total loans | 429,907,000 | 437,840,000 | 448,393,000 | 452,909,000 |
| Allowance for loan losses | 6,829,000 | 6,835,000 | 6,881,000 | 6,887,000 |
| Securities available for sale | 72,741,000 | 66,951,000 | 54,606,000 | 46,171,000 |
| Securities held to maturity | 234,850,000 | 232,550,000 | 230,232,000 | 227,907,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 691,545,000 | 670,905,000 | 707,689,000 | 697,807,000 |
| Interest-bearing deposits | 427,069,000 | 418,285,000 | 432,447,000 | 444,730,000 |
| Noninterest-bearing deposits | 264,476,000 | 252,620,000 | 275,242,000 | 253,077,000 |
| Equity capital | 60,508,000 | 61,971,000 | 64,729,000 | 66,090,000 |
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 | 7,516,000 | 14,835,000 | 22,664,000 | 30,326,000 |
| Interest expense | 1,965,000 | 3,971,000 | 6,214,000 | 8,303,000 |
| Net interest income | 5,551,000 | 10,864,000 | 16,450,000 | 22,023,000 |
| Noninterest income | 658,000 | 1,355,000 | 2,005,000 | 2,734,000 |
| Noninterest expense | 5,191,000 | 10,240,000 | 15,249,000 | 20,438,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,018,000 | 1,931,000 | 2,347,000 | 3,460,000 |
| Income tax | 39,000 | 74,000 | 101,000 | 126,000 |
| Net income | 979,000 | 1,857,000 | 2,246,000 | 3,334,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 83,813,000 | 84,197,000 | 84,151,000 | 84,882,000 |
| Total capital | 90,284,000 | 90,755,000 | 90,820,000 | 91,645,000 |
| Risk-weighted assets | 517,168,000 | 524,212,000 | 533,167,000 | 540,740,000 |