Call reports 2024
FIRST SECURITY TRUST AND SAVINGS BANK — 2024
What FIRST SECURITY TRUST AND SAVINGS 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 | 376,182,000 | 354,562,000 | 361,211,000 | 326,347,000 |
| Total loans | 216,436,000 | 201,242,000 | 199,658,000 | 178,918,000 |
| Allowance for loan losses | 2,050,000 | 2,057,000 | 1,926,000 | 1,776,000 |
| Securities available for sale | 107,861,000 | 100,031,000 | 98,251,000 | 92,108,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 346,069,000 | 322,708,000 | 325,495,000 | 290,791,000 |
| Interest-bearing deposits | 230,481,000 | 220,766,000 | 250,823,000 | 207,383,000 |
| Noninterest-bearing deposits | 115,588,000 | 101,942,000 | 74,672,000 | 83,408,000 |
| Equity capital | 28,787,000 | 30,192,000 | 34,134,000 | 33,623,000 |
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 | 4,774,000 | 9,791,000 | 14,345,000 | 18,692,000 |
| Interest expense | 1,919,000 | 4,024,000 | 6,047,000 | 7,962,000 |
| Net interest income | 2,855,000 | 5,767,000 | 8,298,000 | 10,730,000 |
| Noninterest income | 115,000 | 221,000 | 332,000 | 727,000 |
| Noninterest expense | 1,856,000 | 3,523,000 | 5,348,000 | 7,062,000 |
| Provision for loan losses | 0 | -3,000 | -143,000 | -303,000 |
| Pretax income | 1,003,000 | 2,350,000 | 3,319,000 | 4,592,000 |
| Income tax | 70,000 | 145,000 | 210,000 | 255,000 |
| Net income | 933,000 | 2,205,000 | 3,109,000 | 4,337,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,315,000 | 41,587,000 | 42,491,000 | 43,719,000 |
| Total capital | 42,520,000 | 43,802,000 | 44,545,000 | 45,618,000 |
| Risk-weighted assets | 260,257,000 | 241,680,000 | 239,758,000 | 215,552,000 |