Call reports 2024
TCM BANK, NATIONAL ASSOCIATION — 2024
What TCM BANK, NATIONAL ASSOCIATION 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 | 325,372,000 | 356,263,000 | 344,531,000 | 379,274,000 |
| Total loans | 300,478,000 | 307,384,000 | 304,085,000 | 329,680,000 |
| Allowance for loan losses | 10,821,000 | 11,061,000 | 10,864,000 | 11,225,000 |
| Securities available for sale | 1,773,000 | 1,766,000 | 1,797,000 | 1,677,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 245,345,000 | 276,277,000 | 264,199,000 | 296,394,000 |
| Interest-bearing deposits | 244,337,000 | 275,217,000 | 263,132,000 | 295,296,000 |
| Noninterest-bearing deposits | 1,008,000 | 1,060,000 | 1,067,000 | 1,098,000 |
| Equity capital | 65,681,000 | 65,007,000 | 65,249,000 | 65,642,000 |
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 | 8,004,000 | 15,981,000 | 24,195,000 | 32,555,000 |
| Interest expense | 2,492,000 | 4,979,000 | 8,004,000 | 11,551,000 |
| Net interest income | 5,512,000 | 11,002,000 | 16,191,000 | 21,004,000 |
| Noninterest income | 10,611,000 | 21,566,000 | 32,755,000 | 44,547,000 |
| Noninterest expense | 13,827,000 | 28,028,000 | 42,152,000 | 56,561,000 |
| Provision for loan losses | 2,520,000 | 4,891,000 | 6,874,000 | 8,447,000 |
| Pretax income | -224,000 | -351,000 | -80,000 | 543,000 |
| Income tax | -59,000 | -93,000 | -21,000 | 144,000 |
| Net income | -165,000 | -258,000 | -59,000 | 399,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 63,142,000 | 62,710,000 | 62,552,000 | 63,250,000 |
| Total capital | 67,194,000 | 66,910,000 | 66,736,000 | 67,777,000 |
| Risk-weighted assets | 317,380,000 | 329,134,000 | 328,030,000 | 355,505,000 |