Call reports 2024
FIRST NATIONAL BANK IN FREDONIA — 2024
What FIRST NATIONAL BANK IN FREDONIA 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 | 94,358,000 | 96,458,000 | 99,808,000 | 98,610,000 |
| Total loans | 31,328,000 | 32,389,000 | 32,557,000 | 31,469,000 |
| Allowance for loan losses | 891,000 | 910,000 | 923,000 | 948,000 |
| Securities available for sale | 53,389,000 | 53,691,000 | 57,502,000 | 52,972,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,383,000 | 86,759,000 | 88,303,000 | 89,451,000 |
| Interest-bearing deposits | 68,136,000 | 67,519,000 | 67,395,000 | 75,542,000 |
| Noninterest-bearing deposits | 17,247,000 | 19,240,000 | 20,908,000 | 13,909,000 |
| Equity capital | 8,834,000 | 9,512,000 | 11,223,000 | 8,987,000 |
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 | 981,000 | 1,988,000 | 3,047,000 | 4,085,000 |
| Interest expense | 207,000 | 446,000 | 703,000 | 958,000 |
| Net interest income | 774,000 | 1,542,000 | 2,344,000 | 3,127,000 |
| Noninterest income | 85,000 | 162,000 | 249,000 | 324,000 |
| Noninterest expense | 532,000 | 1,044,000 | 1,569,000 | 2,268,000 |
| Provision for loan losses | 7,000 | 14,000 | 21,000 | 28,000 |
| Pretax income | 320,000 | 646,000 | 1,003,000 | 1,155,000 |
| Income tax | 0 | 13,000 | 24,000 | 28,000 |
| Net income | 320,000 | 633,000 | 979,000 | 1,127,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,109,000 | 17,422,000 | 17,371,000 | 17,122,000 |