Call reports 2024
CONCORDIA BANK — 2024
What CONCORDIA 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 | 112,863,000 | 115,741,000 | 115,878,000 | 117,472,000 |
| Total loans | 86,703,000 | 90,358,000 | 93,465,000 | 92,453,000 |
| Allowance for loan losses | 1,137,000 | 1,044,000 | 1,058,000 | 1,187,000 |
| Securities available for sale | 12,694,000 | 12,556,000 | 12,250,000 | 11,842,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,720,000 | 100,098,000 | 102,569,000 | 104,323,000 |
| Interest-bearing deposits | 79,287,000 | 77,946,000 | 80,038,000 | 82,257,000 |
| Noninterest-bearing deposits | 21,433,000 | 22,152,000 | 22,531,000 | 22,066,000 |
| Equity capital | 11,522,000 | 11,900,000 | 12,513,000 | 12,442,000 |
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 | 1,519,000 | 3,161,000 | 4,805,000 | 6,599,000 |
| Interest expense | 388,000 | 800,000 | 1,292,000 | 1,789,000 |
| Net interest income | 1,131,000 | 2,361,000 | 3,513,000 | 4,810,000 |
| Noninterest income | 138,000 | 291,000 | 445,000 | 579,000 |
| Noninterest expense | 861,000 | 1,711,000 | 2,543,000 | 3,363,000 |
| Provision for loan losses | 186,000 | 92,000 | 106,000 | 249,000 |
| Pretax income | 222,000 | 699,000 | 1,169,000 | 1,652,000 |
| Income tax | 49,000 | 163,000 | 273,000 | 384,000 |
| Net income | 173,000 | 536,000 | 896,000 | 1,268,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,229,000 | 12,529,000 | 12,953,000 | 12,997,000 |