Call reports 2024
PROFINIUM, INC. — 2024
What PROFINIUM, INC. 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 | 518,876,000 | 529,338,000 | 518,399,000 | 533,988,000 |
| Total loans | 407,182,000 | 413,009,000 | 407,565,000 | 413,408,000 |
| Allowance for loan losses | 5,175,000 | 5,249,000 | 5,337,000 | 5,187,000 |
| Securities available for sale | 71,419,000 | 70,077,000 | 71,600,000 | 66,913,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 443,975,000 | 453,880,000 | 445,197,000 | 460,509,000 |
| Interest-bearing deposits | 358,870,000 | 373,746,000 | 366,936,000 | 375,391,000 |
| Noninterest-bearing deposits | 85,105,000 | 80,134,000 | 78,261,000 | 85,118,000 |
| Equity capital | 39,789,000 | 40,316,000 | 42,926,000 | 40,562,000 |
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 | 6,147,000 | 12,589,000 | 19,097,000 | 25,764,000 |
| Interest expense | 2,916,000 | 5,938,000 | 9,089,000 | 12,186,000 |
| Net interest income | 3,231,000 | 6,651,000 | 10,008,000 | 13,578,000 |
| Noninterest income | 574,000 | 1,142,000 | 1,787,000 | 1,991,000 |
| Noninterest expense | 4,029,000 | 7,358,000 | 10,740,000 | 14,435,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 15,000 |
| Pretax income | -280,000 | 293,000 | 865,000 | 896,000 |
| Income tax | -91,000 | 44,000 | 189,000 | 233,000 |
| Net income | -189,000 | 249,000 | 676,000 | 663,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,786,000 | 48,224,000 | 48,650,000 | 48,638,000 |
| Total capital | 52,961,000 | 53,473,000 | 53,987,000 | 54,050,000 |
| Risk-weighted assets | 434,240,000 | 433,687,000 | 429,652,000 | 436,949,000 |