Call reports 2024
WADENA STATE BANK — 2024
What WADENA STATE BANK 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 | 200,958,000 | 199,868,000 | 205,006,000 | 201,623,000 |
| Total loans | 123,747,000 | 122,818,000 | 129,737,000 | 131,311,000 |
| Allowance for loan losses | 1,163,000 | 1,163,000 | 1,163,000 | 1,238,000 |
| Securities available for sale | 63,129,000 | 61,054,000 | 60,787,000 | 57,147,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 184,634,000 | 181,389,000 | 185,651,000 | 183,659,000 |
| Interest-bearing deposits | 139,243,000 | 136,954,000 | 141,106,000 | 142,482,000 |
| Noninterest-bearing deposits | 45,391,000 | 44,435,000 | 44,545,000 | 41,177,000 |
| Equity capital | 15,558,000 | 15,748,000 | 16,785,000 | 16,500,000 |
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 | 2,754,000 | 5,482,000 | 8,356,000 | 11,257,000 |
| Interest expense | 673,000 | 1,342,000 | 2,053,000 | 2,794,000 |
| Net interest income | 2,081,000 | 4,140,000 | 6,303,000 | 8,463,000 |
| Noninterest income | 153,000 | 316,000 | 399,000 | 566,000 |
| Noninterest expense | 1,253,000 | 2,398,000 | 3,612,000 | 4,989,000 |
| Provision for loan losses | 0 | 0 | 0 | 75,000 |
| Pretax income | 980,000 | 2,057,000 | 3,089,000 | 3,964,000 |
| Income tax | 87,000 | 155,000 | 223,000 | 328,000 |
| Net income | 893,000 | 1,902,000 | 2,866,000 | 3,636,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,410,000 | 20,022,000 | 19,634,000 | 20,404,000 |