Call reports 2024
FIRST SECURE COMMUNITY BANK — 2024
What FIRST SECURE COMMUNITY 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 | 498,796,000 | 506,296,000 | 512,585,000 | 515,404,000 |
| Total loans | 315,174,000 | 333,525,000 | 338,204,000 | 324,485,000 |
| Allowance for loan losses | 4,068,000 | 3,986,000 | 3,697,000 | 3,770,000 |
| Securities available for sale | 105,210,000 | 106,683,000 | 106,657,000 | 82,838,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 428,750,000 | 429,017,000 | 439,756,000 | 437,875,000 |
| Interest-bearing deposits | 387,113,000 | 382,370,000 | 390,026,000 | 388,364,000 |
| Noninterest-bearing deposits | 41,637,000 | 46,647,000 | 49,730,000 | 49,511,000 |
| Equity capital | 42,384,000 | 42,729,000 | 44,354,000 | 44,220,000 |
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 | 6,415,000 | 13,105,000 | 20,102,000 | 26,946,000 |
| Interest expense | 3,553,000 | 7,227,000 | 10,878,000 | 14,525,000 |
| Net interest income | 2,862,000 | 5,878,000 | 9,224,000 | 12,421,000 |
| Noninterest income | 99,000 | 222,000 | 347,000 | 597,000 |
| Noninterest expense | 2,550,000 | 5,261,000 | 8,021,000 | 11,003,000 |
| Provision for loan losses | 150,000 | 300,000 | 600,000 | 737,000 |
| Pretax income | 261,000 | 539,000 | 950,000 | 1,278,000 |
| Income tax | 74,000 | 154,000 | 271,000 | 364,000 |
| Net income | 187,000 | 385,000 | 679,000 | 914,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,745,000 | 44,951,000 | 45,251,000 | 45,491,000 |
| Total capital | 48,813,000 | 48,937,000 | 48,948,000 | 49,261,000 |
| Risk-weighted assets | 400,622,000 | 407,178,000 | 411,018,000 | 405,298,000 |