Call reports 2024
FIRST SECURE STATE BANK — 2024
What FIRST SECURE STATE 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 | 281,147,000 | 286,099,000 | 290,531,000 | 294,171,000 |
| Total loans | 167,800,000 | 176,220,000 | 178,135,000 | 174,652,000 |
| Allowance for loan losses | 1,527,000 | 1,609,000 | 1,683,000 | 1,769,000 |
| Securities available for sale | 58,503,000 | 63,017,000 | 62,128,000 | 50,637,000 |
| Securities held to maturity | 250,000 | 250,000 | 250,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 244,881,000 | 244,866,000 | 247,421,000 | 248,489,000 |
| Interest-bearing deposits | 203,885,000 | 204,249,000 | 208,738,000 | 206,284,000 |
| Noninterest-bearing deposits | 40,996,000 | 40,617,000 | 38,683,000 | 42,205,000 |
| Equity capital | 31,942,000 | 32,509,000 | 34,134,000 | 33,949,000 |
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 | 3,148,000 | 6,603,000 | 9,968,000 | 13,121,000 |
| Interest expense | 962,000 | 2,017,000 | 3,179,000 | 4,270,000 |
| Net interest income | 2,186,000 | 4,586,000 | 6,789,000 | 8,851,000 |
| Noninterest income | 260,000 | 483,000 | 746,000 | 1,032,000 |
| Noninterest expense | 2,049,000 | 3,976,000 | 5,877,000 | 7,518,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 300,000 |
| Pretax income | 322,000 | 943,000 | 1,433,000 | 2,065,000 |
| Income tax | 92,000 | 269,000 | 407,000 | 587,000 |
| Net income | 230,000 | 674,000 | 1,026,000 | 1,478,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,380,000 | 33,826,000 | 34,179,000 | 34,633,000 |
| Total capital | 34,907,000 | 35,435,000 | 35,862,000 | 36,402,000 |
| Risk-weighted assets | 184,744,000 | 193,503,000 | 195,035,000 | 194,241,000 |