Call reports 2024
SHELBY COUNTY STATE BANK — 2024
What SHELBY COUNTY 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 | 551,055,000 | 551,606,000 | 564,723,000 | 547,705,000 |
| Total loans | 358,884,000 | 358,914,000 | 354,731,000 | 363,905,000 |
| Allowance for loan losses | 4,048,000 | 4,117,000 | 4,114,000 | 4,193,000 |
| Securities available for sale | 136,912,000 | 132,766,000 | 134,481,000 | 131,776,000 |
| Securities held to maturity | 2,820,000 | 1,766,000 | 1,764,000 | 1,763,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 494,258,000 | 495,754,000 | 505,498,000 | 480,093,000 |
| Interest-bearing deposits | 373,515,000 | 376,551,000 | 381,237,000 | 354,504,000 |
| Noninterest-bearing deposits | 120,743,000 | 119,203,000 | 124,261,000 | 125,589,000 |
| Equity capital | 54,082,000 | 53,505,000 | 56,430,000 | 54,726,000 |
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 | 5,974,000 | 12,215,000 | 18,620,000 | 24,954,000 |
| Interest expense | 2,221,000 | 4,688,000 | 7,136,000 | 9,278,000 |
| Net interest income | 3,753,000 | 7,527,000 | 11,484,000 | 15,676,000 |
| Noninterest income | 443,000 | 874,000 | 1,342,000 | 1,868,000 |
| Noninterest expense | 2,654,000 | 5,292,000 | 7,904,000 | 10,549,000 |
| Provision for loan losses | 275,000 | 400,000 | 400,000 | 485,000 |
| Pretax income | 1,285,000 | 2,725,000 | 4,539,000 | 6,528,000 |
| Income tax | 251,000 | 529,000 | 921,000 | 1,338,000 |
| Net income | 1,034,000 | 2,196,000 | 3,618,000 | 5,190,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,588,000 | 50,302,000 | 50,276,000 | 50,400,000 |
| Total capital | 54,636,000 | 54,419,000 | 54,390,000 | 54,593,000 |
| Risk-weighted assets | 395,962,000 | 393,679,000 | 390,501,000 | 398,267,000 |