Call reports 2024
COMMERCIAL BANK OF MOTT — 2024
What COMMERCIAL BANK OF MOTT 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 | 137,438,000 | 143,188,000 | 148,203,000 | 143,722,000 |
| Total loans | 102,871,000 | 108,368,000 | 111,576,000 | 107,382,000 |
| Allowance for loan losses | 986,000 | 986,000 | 1,012,000 | 1,049,000 |
| Securities available for sale | 25,985,000 | 26,236,000 | 28,005,000 | 27,103,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 111,240,000 | 102,472,000 | 100,502,000 | 102,601,000 |
| Interest-bearing deposits | 99,814,000 | 92,250,000 | 89,028,000 | 92,100,000 |
| Noninterest-bearing deposits | 11,426,000 | 10,222,000 | 11,474,000 | 10,501,000 |
| Equity capital | 13,228,000 | 14,087,000 | 15,323,000 | 15,118,000 |
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 | 1,606,000 | 3,440,000 | 5,315,000 | 7,180,000 |
| Interest expense | 696,000 | 1,487,000 | 2,461,000 | 3,365,000 |
| Net interest income | 910,000 | 1,953,000 | 2,854,000 | 3,815,000 |
| Noninterest income | 41,000 | 68,000 | 101,000 | 135,000 |
| Noninterest expense | 438,000 | 831,000 | 1,332,000 | 1,920,000 |
| Provision for loan losses | 40,000 | 40,000 | 65,000 | 95,000 |
| Pretax income | 476,000 | 1,164,000 | 1,581,000 | 1,968,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 476,000 | 1,164,000 | 1,581,000 | 1,968,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,418,000 | 16,106,000 | 16,523,000 | 16,910,000 |
| Total capital | 16,404,000 | 17,092,000 | — | — |
| Risk-weighted assets | 117,556,000 | 132,476,000 | — | — |