Call reports 2024
HIAWATHA NATIONAL BANK — 2024
What HIAWATHA NATIONAL 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 | 750,283,000 | 751,857,000 | 770,090,000 | 775,761,000 |
| Total loans | 501,667,000 | 512,398,000 | 523,082,000 | 536,658,000 |
| Allowance for loan losses | 4,054,000 | 4,204,000 | 4,464,000 | 4,779,000 |
| Securities available for sale | 164,302,000 | 169,951,000 | 169,363,000 | 170,610,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 566,260,000 | 565,251,000 | 580,023,000 | 598,740,000 |
| Interest-bearing deposits | 491,482,000 | 493,532,000 | 510,590,000 | 529,746,000 |
| Noninterest-bearing deposits | 74,778,000 | 71,719,000 | 69,433,000 | 68,994,000 |
| Equity capital | 67,565,000 | 69,966,000 | 73,150,000 | 73,855,000 |
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 | 11,092,000 | 22,297,000 | 34,203,000 | 46,211,000 |
| Interest expense | 5,325,000 | 10,875,000 | 16,931,000 | 22,721,000 |
| Net interest income | 5,767,000 | 11,422,000 | 17,272,000 | 23,490,000 |
| Noninterest income | 484,000 | 779,000 | 1,438,000 | 2,136,000 |
| Noninterest expense | 3,291,000 | 6,540,000 | 10,415,000 | 14,039,000 |
| Provision for loan losses | 100,000 | 250,000 | 1,100,000 | 2,410,000 |
| Pretax income | 2,866,000 | 5,412,000 | 7,707,000 | 9,506,000 |
| Income tax | 602,000 | 1,139,000 | 1,622,000 | 2,001,000 |
| Net income | 2,264,000 | 4,273,000 | 6,085,000 | 7,505,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 67,557,000 | 69,601,000 | 71,451,000 | 72,923,000 |
| Total capital | 71,611,000 | 73,805,000 | 75,915,000 | 77,892,000 |
| Risk-weighted assets | 511,180,000 | 532,173,000 | 534,443,000 | 548,978,000 |