Call reports 2024
GEDDES FEDERAL SAVINGS AND LOAN ASSOCIATION — 2024
What GEDDES FEDERAL SAVINGS AND LOAN ASSOCIATION 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 | 649,326,000 | 662,290,000 | 649,243,000 | 652,731,000 |
| Total loans | 537,570,000 | 534,677,000 | 545,438,000 | 550,705,000 |
| Allowance for loan losses | 1,075,000 | 1,064,000 | 1,073,000 | 1,032,000 |
| Securities available for sale | 1,528,000 | 1,506,000 | 1,516,000 | 1,487,000 |
| Securities held to maturity | 53,014,000 | 52,794,000 | 50,424,000 | 50,049,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 458,243,000 | 471,244,000 | 464,375,000 | 468,254,000 |
| Interest-bearing deposits | 440,310,000 | 449,892,000 | 448,268,000 | 447,670,000 |
| Noninterest-bearing deposits | 17,933,000 | 21,352,000 | 16,107,000 | 20,584,000 |
| Equity capital | 99,026,000 | 99,024,000 | 99,069,000 | 98,739,000 |
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 | 6,228,000 | 12,735,000 | 19,471,000 | 26,160,000 |
| Interest expense | 4,129,000 | 8,550,000 | 13,162,000 | 17,770,000 |
| Net interest income | 2,099,000 | 4,185,000 | 6,309,000 | 8,390,000 |
| Noninterest income | 187,000 | 232,000 | 264,000 | 296,000 |
| Noninterest expense | 2,036,000 | 4,137,000 | 6,305,000 | 8,818,000 |
| Provision for loan losses | -25,000 | -36,000 | -27,000 | -68,000 |
| Pretax income | 257,000 | 261,000 | 270,000 | -152,000 |
| Income tax | 46,000 | 34,000 | 11,000 | -108,000 |
| Net income | 211,000 | 227,000 | 259,000 | -44,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 98,995,000 | 99,011,000 | 99,043,000 | 98,740,000 |