Call reports 2024
SHELL LAKE STATE BANK — 2024
What SHELL LAKE 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 | 327,492,000 | 334,937,000 | 350,660,000 | 345,506,000 |
| Total loans | 210,821,000 | 221,587,000 | 223,186,000 | 224,964,000 |
| Allowance for loan losses | 2,557,000 | 2,531,000 | 2,583,000 | 2,684,000 |
| Securities available for sale | 93,735,000 | 92,868,000 | 97,715,000 | 93,952,000 |
| Securities held to maturity | 2,250,000 | 2,250,000 | 2,250,000 | 2,250,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 270,704,000 | 280,324,000 | 291,692,000 | 294,733,000 |
| Interest-bearing deposits | 203,079,000 | 213,509,000 | 222,973,000 | 225,764,000 |
| Noninterest-bearing deposits | 67,625,000 | 66,815,000 | 68,719,000 | 68,969,000 |
| Equity capital | 29,891,000 | 30,067,000 | 34,292,000 | 31,444,000 |
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 | 3,504,000 | 7,209,000 | 11,217,000 | 15,316,000 |
| Interest expense | 1,435,000 | 3,013,000 | 4,733,000 | 6,391,000 |
| Net interest income | 2,069,000 | 4,196,000 | 6,484,000 | 8,925,000 |
| Noninterest income | 261,000 | 574,000 | 863,000 | 1,169,000 |
| Noninterest expense | 1,468,000 | 3,033,000 | 4,516,000 | 6,440,000 |
| Provision for loan losses | 85,000 | 120,000 | 179,000 | 304,000 |
| Pretax income | 715,000 | 1,518,000 | 2,540,000 | 3,291,000 |
| Income tax | 3,000 | 6,000 | 10,000 | 13,000 |
| Net income | 712,000 | 1,512,000 | 2,530,000 | 3,278,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,755,000 | 40,312,000 | 41,050,000 | 41,170,000 |