Call reports 2024
FIRST NATIONAL BANK OF ALLENDALE, THE — 2024
What FIRST NATIONAL BANK OF ALLENDALE, THE 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 | 394,236,000 | 391,210,000 | 387,231,000 | 384,380,000 |
| Total loans | 253,468,000 | 257,897,000 | 259,289,000 | 270,653,000 |
| Allowance for loan losses | 2,963,000 | 3,027,000 | 3,059,000 | 3,009,000 |
| Securities available for sale | 80,489,000 | 80,718,000 | 82,214,000 | 79,043,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 341,482,000 | 338,823,000 | 332,652,000 | 334,175,000 |
| Interest-bearing deposits | 277,273,000 | 272,053,000 | 268,795,000 | 272,021,000 |
| Noninterest-bearing deposits | 64,209,000 | 66,770,000 | 63,857,000 | 62,154,000 |
| Equity capital | 30,070,000 | 30,295,000 | 32,616,000 | 31,708,000 |
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 | 4,638,000 | 9,536,000 | 14,506,000 | 19,554,000 |
| Interest expense | 1,956,000 | 3,951,000 | 5,982,000 | 7,881,000 |
| Net interest income | 2,682,000 | 5,585,000 | 8,524,000 | 11,673,000 |
| Noninterest income | 278,000 | 586,000 | 914,000 | 1,213,000 |
| Noninterest expense | 1,994,000 | 3,997,000 | 6,013,000 | 8,071,000 |
| Provision for loan losses | 80,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 894,000 | 2,062,000 | 3,253,000 | 4,583,000 |
| Income tax | 199,000 | 473,000 | 774,000 | 1,154,000 |
| Net income | 695,000 | 1,589,000 | 2,479,000 | 3,429,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,109,000 | 35,536,000 | 36,414,000 | 36,927,000 |