Call reports 2024
FRIENDSHIP STATE BANK, THE — 2024
What FRIENDSHIP STATE BANK, 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 | 531,017,000 | 537,125,000 | 538,867,000 | 540,575,000 |
| Total loans | 292,374,000 | 297,419,000 | 302,831,000 | 311,687,000 |
| Allowance for loan losses | 3,426,000 | 3,325,000 | 3,279,000 | 3,413,000 |
| Securities available for sale | 182,663,000 | 184,273,000 | 188,256,000 | 181,411,000 |
| Securities held to maturity | 5,968,000 | 5,964,000 | 5,367,000 | 5,364,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 477,247,000 | 487,503,000 | 472,230,000 | 470,284,000 |
| Interest-bearing deposits | 410,896,000 | 423,708,000 | 406,470,000 | 401,450,000 |
| Noninterest-bearing deposits | 66,351,000 | 63,795,000 | 65,760,000 | 68,834,000 |
| Equity capital | 30,417,000 | 30,783,000 | 35,596,000 | 33,278,000 |
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 | 5,415,000 | 10,939,000 | 16,662,000 | 22,479,000 |
| Interest expense | 2,145,000 | 4,241,000 | 6,453,000 | 8,530,000 |
| Net interest income | 3,270,000 | 6,698,000 | 10,209,000 | 13,949,000 |
| Noninterest income | 1,573,000 | 3,114,000 | 4,730,000 | 6,388,000 |
| Noninterest expense | 4,058,000 | 8,153,000 | 12,303,000 | 16,399,000 |
| Provision for loan losses | 0 | -101,000 | -128,000 | 25,000 |
| Pretax income | 963,000 | 1,797,000 | 2,880,000 | 4,056,000 |
| Income tax | 166,000 | 312,000 | 503,000 | 724,000 |
| Net income | 797,000 | 1,485,000 | 2,377,000 | 3,332,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,306,000 | 45,309,000 | 45,518,000 | 45,789,000 |
| Total capital | 48,882,000 | 48,796,000 | 48,999,000 | 49,384,000 |
| Risk-weighted assets | 289,511,000 | 293,985,000 | 295,994,000 | 301,662,000 |