Call reports 2024
GREAT OAKS BANK — 2024
What GREAT OAKS 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 | 376,276,000 | 381,955,000 | 381,630,000 | 375,184,000 |
| Total loans | 224,793,000 | 247,384,000 | 250,319,000 | 250,709,000 |
| Allowance for loan losses | 3,685,000 | 3,869,000 | 3,936,000 | 4,015,000 |
| Securities available for sale | 88,841,000 | 86,224,000 | 85,241,000 | 95,251,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 345,534,000 | 347,597,000 | 347,057,000 | 341,530,000 |
| Interest-bearing deposits | 234,992,000 | 242,833,000 | 246,790,000 | 236,957,000 |
| Noninterest-bearing deposits | 110,542,000 | 104,764,000 | 100,267,000 | 104,573,000 |
| Equity capital | 27,131,000 | 29,193,000 | 30,252,000 | 29,755,000 |
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 | 5,561,000 | 11,371,000 | 17,281,000 | 22,957,000 |
| Interest expense | 1,681,000 | 3,518,000 | 5,491,000 | 7,234,000 |
| Net interest income | 3,880,000 | 7,853,000 | 11,790,000 | 15,723,000 |
| Noninterest income | 360,000 | 802,000 | 1,211,000 | 1,612,000 |
| Noninterest expense | 2,818,000 | 5,575,000 | 8,460,000 | 11,356,000 |
| Provision for loan losses | 119,000 | 304,000 | 423,000 | 541,000 |
| Pretax income | 1,223,000 | 2,763,000 | 4,104,000 | 5,424,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,223,000 | 2,763,000 | 4,104,000 | 5,424,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,279,000 | 34,820,000 | 34,561,000 | 35,131,000 |
| Total capital | 36,708,000 | 38,291,000 | 38,080,000 | 38,708,000 |
| Risk-weighted assets | 273,961,000 | 277,272,000 | 281,109,000 | 285,743,000 |