Call reports 2024
DEMOTTE STATE BANK — 2024
What DEMOTTE 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 | 546,649,000 | 553,106,000 | 548,455,000 | 560,936,000 |
| Total loans | 250,784,000 | 258,159,000 | 256,565,000 | 258,656,000 |
| Allowance for loan losses | 3,409,000 | 3,448,000 | 3,534,000 | 3,919,000 |
| Securities available for sale | 194,366,000 | 175,656,000 | 201,877,000 | 200,558,000 |
| Securities held to maturity | 31,637,000 | 29,139,000 | 25,419,000 | 30,655,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 447,776,000 | 458,695,000 | 446,425,000 | 465,486,000 |
| Interest-bearing deposits | 321,459,000 | 327,126,000 | 320,631,000 | 340,717,000 |
| Noninterest-bearing deposits | 126,317,000 | 131,569,000 | 125,794,000 | 124,769,000 |
| Equity capital | 39,232,000 | 39,918,000 | 47,259,000 | 41,811,000 |
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 | 5,682,000 | 11,677,000 | 18,254,000 | 24,561,000 |
| Interest expense | 1,612,000 | 3,501,000 | 5,634,000 | 7,765,000 |
| Net interest income | 4,070,000 | 8,176,000 | 12,620,000 | 16,796,000 |
| Noninterest income | 772,000 | 1,638,000 | 2,445,000 | 3,203,000 |
| Noninterest expense | 3,552,000 | 6,996,000 | 10,465,000 | 14,038,000 |
| Provision for loan losses | 2,000 | 43,000 | 163,000 | 551,000 |
| Pretax income | 1,289,000 | 2,760,000 | 4,431,000 | 5,407,000 |
| Income tax | 204,000 | 463,000 | 767,000 | 904,000 |
| Net income | 1,085,000 | 2,297,000 | 3,664,000 | 4,503,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 67,496,000 | 68,248,000 | 69,616,000 | 69,189,000 |