Call reports 2024
FIRST NATIONAL BANK IN PHILIP — 2024
What FIRST NATIONAL BANK IN PHILIP 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 | 362,066,000 | 359,822,000 | 372,179,000 | 425,137,000 |
| Total loans | 231,086,000 | 251,595,000 | 252,932,000 | 239,014,000 |
| Allowance for loan losses | 3,763,000 | 3,666,000 | 3,724,000 | 3,756,000 |
| Securities available for sale | 86,742,000 | 83,633,000 | 83,720,000 | 88,261,000 |
| Securities held to maturity | 0 | 0 | 405,000 | 1,862,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 317,190,000 | 314,864,000 | 323,169,000 | 376,125,000 |
| Interest-bearing deposits | 257,457,000 | 257,807,000 | 263,052,000 | 295,122,000 |
| Noninterest-bearing deposits | 59,733,000 | 57,057,000 | 60,117,000 | 81,003,000 |
| Equity capital | 40,852,000 | 40,627,000 | 43,795,000 | 43,642,000 |
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 | 5,086,000 | 10,208,000 | 15,531,000 | 21,050,000 |
| Interest expense | 2,204,000 | 4,418,000 | 6,727,000 | 9,151,000 |
| Net interest income | 2,882,000 | 5,790,000 | 8,804,000 | 11,899,000 |
| Noninterest income | 277,000 | 535,000 | 808,000 | 988,000 |
| Noninterest expense | 1,375,000 | 2,695,000 | 4,531,000 | 5,714,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,784,000 | 3,630,000 | 5,081,000 | 7,173,000 |
| Income tax | 85,000 | 172,000 | 239,000 | 337,000 |
| Net income | 1,699,000 | 3,458,000 | 4,842,000 | 6,836,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,169,000 | 48,009,000 | 48,432,000 | 50,426,000 |
| Total capital | 51,779,000 | 51,675,000 | 52,156,000 | 54,169,000 |
| Risk-weighted assets | 288,694,000 | 308,509,000 | 311,275,000 | 299,427,000 |