Call reports 2024
SSB BANK — 2024
What SSB 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 | 307,683,000 | 307,990,000 | 325,963,000 | 317,026,000 |
| Total loans | 256,932,000 | 263,575,000 | 265,013,000 | 267,928,000 |
| Allowance for loan losses | 2,586,000 | 2,671,000 | 2,830,000 | 2,761,000 |
| Securities available for sale | 6,603,000 | 6,516,000 | 6,077,000 | 6,372,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 258,069,000 | 259,758,000 | 275,134,000 | 270,410,000 |
| Interest-bearing deposits | 185,961,000 | 185,779,000 | 200,261,000 | 209,392,000 |
| Noninterest-bearing deposits | 72,108,000 | 73,979,000 | 74,873,000 | 61,018,000 |
| Equity capital | 23,535,000 | 24,161,000 | 24,855,000 | 25,362,000 |
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 | 3,923,000 | 8,001,000 | 12,201,000 | 16,580,000 |
| Interest expense | 1,795,000 | 3,730,000 | 5,881,000 | 8,070,000 |
| Net interest income | 2,128,000 | 4,271,000 | 6,320,000 | 8,510,000 |
| Noninterest income | 730,000 | 1,526,000 | 2,444,000 | 3,353,000 |
| Noninterest expense | 2,050,000 | 4,096,000 | 6,185,000 | 8,401,000 |
| Provision for loan losses | 126,000 | 240,000 | 385,000 | 515,000 |
| Pretax income | 682,000 | 1,481,000 | 2,214,000 | 2,967,000 |
| Income tax | 169,000 | 347,000 | 510,000 | 664,000 |
| Net income | 513,000 | 1,134,000 | 1,704,000 | 2,303,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,794,000 | 24,415,000 | 24,984,000 | 25,583,000 |
| Total capital | 26,557,000 | 27,292,000 | 27,899,000 | 28,518,000 |
| Risk-weighted assets | 221,002,000 | 242,401,000 | 233,152,000 | 234,786,000 |