Call reports 2024
BANK OF BUFFALO — 2024
What BANK OF BUFFALO 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 | 106,430,000 | 109,445,000 | 111,762,000 | 114,666,000 |
| Total loans | 73,258,000 | 76,010,000 | 78,616,000 | 82,109,000 |
| Allowance for loan losses | 610,000 | 654,000 | 692,000 | 748,000 |
| Securities available for sale | 28,174,000 | 28,362,000 | 29,005,000 | 28,570,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,264,000 | 90,085,000 | 90,204,000 | 94,708,000 |
| Interest-bearing deposits | 70,677,000 | 74,437,000 | 75,603,000 | 81,532,000 |
| Noninterest-bearing deposits | 14,587,000 | 15,648,000 | 14,601,000 | 13,176,000 |
| Equity capital | 8,362,000 | 8,545,000 | 9,634,000 | 9,038,000 |
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 | 1,451,000 | 3,015,000 | 4,638,000 | 6,311,000 |
| Interest expense | 656,000 | 1,366,000 | 2,116,000 | 2,942,000 |
| Net interest income | 795,000 | 1,649,000 | 2,522,000 | 3,369,000 |
| Noninterest income | 38,000 | 59,000 | 90,000 | 119,000 |
| Noninterest expense | 416,000 | 909,000 | 1,322,000 | 1,868,000 |
| Provision for loan losses | 14,000 | 125,000 | 170,000 | 213,000 |
| Pretax income | 403,000 | 665,000 | 1,111,000 | 1,398,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 403,000 | 665,000 | 1,111,000 | 1,398,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,938,000 | 10,176,000 | 10,662,000 | 10,530,000 |