Call reports 2024
AFFINITY BANK, NATIONAL ASSOCIATION — 2024
What AFFINITY 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 | 869,590,000 | 874,295,000 | 878,538,000 | 866,855,000 |
| Total loans | 674,669,000 | 692,770,000 | 697,746,000 | 714,314,000 |
| Allowance for loan losses | 8,617,000 | 8,479,000 | 8,412,000 | 8,511,000 |
| Securities available for sale | 48,239,000 | 47,266,000 | 48,400,000 | 36,501,000 |
| Securities held to maturity | 34,275,000 | 34,294,000 | 32,318,000 | 27,344,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 694,603,000 | 696,674,000 | 689,736,000 | 678,748,000 |
| Interest-bearing deposits | 522,907,000 | 528,587,000 | 522,441,000 | 522,116,000 |
| Noninterest-bearing deposits | 171,696,000 | 168,087,000 | 167,295,000 | 156,632,000 |
| Equity capital | 110,207,000 | 112,760,000 | 116,312,000 | 117,220,000 |
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 | 11,215,000 | 23,453,000 | 35,760,000 | 47,995,000 |
| Interest expense | 4,514,000 | 9,209,000 | 14,139,000 | 18,974,000 |
| Net interest income | 6,701,000 | 14,244,000 | 21,621,000 | 29,021,000 |
| Noninterest income | 641,000 | 1,382,000 | 2,020,000 | 2,609,000 |
| Noninterest expense | 5,375,000 | 11,048,000 | 16,463,000 | 21,946,000 |
| Provision for loan losses | 13,000 | 13,000 | 16,000 | 250,000 |
| Pretax income | 1,954,000 | 4,351,000 | 6,948,000 | 8,835,000 |
| Income tax | 465,000 | 1,042,000 | 1,669,000 | 2,043,000 |
| Net income | 1,489,000 | 3,309,000 | 5,279,000 | 6,792,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 97,306,000 | 99,590,000 | 101,937,000 | 103,955,000 |
| Total capital | 106,500,000 | 108,859,000 | 111,138,000 | 113,256,000 |
| Risk-weighted assets | 778,507,000 | 798,336,000 | 795,278,000 | 802,370,000 |