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Call reports 2024

COVINGTON COUNTY BANK — 2024

What COVINGTON COUNTY BANK reported to the FFIEC in 2024, quarter by quarter.

PERIOD: 2024SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/fad29bce-f262-48bc-abef-d48fde4a8e36/2024

Balance sheet

What the bank holds and owes at quarter end

Measure2024Q12024Q22024Q32024Q4
Total assets96,319,00099,966,000103,202,00099,618,000
Total loans65,524,00066,642,00069,541,00070,519,000
Allowance for loan losses679,000686,000682,000675,000
Securities available for sale16,665,00016,486,00015,702,00014,472,000
Securities held to maturity0000
Trading assets0000
Total deposits82,357,00085,565,00087,594,00086,198,000
Interest-bearing deposits67,181,00070,204,00070,964,00071,251,000
Noninterest-bearing deposits15,176,00015,361,00016,629,00014,947,000
Equity capital11,482,00011,865,00012,664,00011,764,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2024Q12024Q22024Q32024Q4
Interest income1,430,0002,886,0004,432,0005,967,000
Interest expense376,000828,0001,320,0001,818,000
Net interest income1,054,0002,058,0003,112,0004,149,000
Noninterest income170,000380,000546,000961,000
Noninterest expense718,0001,402,0002,113,0003,043,000
Provision for loan losses52,00062,00062,00062,000
Pretax income454,000974,0001,483,0002,005,000
Income tax126,000259,000403,000483,000
Net income328,000715,0001,080,0001,522,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2024Q12024Q22024Q32024Q4
Tier 1 capital13,390,00013,778,00014,143,00013,641,000
Total capital14,069,00014,464,00014,825,00014,316,000
Risk-weighted assets65,518,00077,343,00070,677,00068,100,000

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