Call reports 2024
COMMUNITY STATE BANK OF CANTON — 2024
What COMMUNITY STATE BANK OF CANTON 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 | 66,778,000 | 65,325,000 | 65,035,000 | 67,607,000 |
| Total loans | 46,362,000 | 48,035,000 | 48,707,000 | 49,317,000 |
| Allowance for loan losses | 917,000 | 883,000 | 920,000 | 924,000 |
| Securities available for sale | 10,085,000 | 10,076,000 | 10,310,000 | 8,712,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,219,000 | 57,618,000 | 56,861,000 | 57,410,000 |
| Interest-bearing deposits | 47,466,000 | 46,334,000 | 45,602,000 | 46,548,000 |
| Noninterest-bearing deposits | 11,753,000 | 11,284,000 | 11,259,000 | 10,862,000 |
| Equity capital | 7,407,000 | 7,608,000 | 8,006,000 | 8,003,000 |
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 | 944,000 | 2,016,000 | 3,062,000 | 4,121,000 |
| Interest expense | 244,000 | 507,000 | 774,000 | 1,078,000 |
| Net interest income | 700,000 | 1,509,000 | 2,288,000 | 3,043,000 |
| Noninterest income | 102,000 | 195,000 | 257,000 | 322,000 |
| Noninterest expense | 537,000 | 1,218,000 | 1,730,000 | 2,344,000 |
| Provision for loan losses | 0 | 10,000 | 40,000 | 60,000 |
| Pretax income | 265,000 | 476,000 | 775,000 | 960,000 |
| Income tax | 62,000 | 111,000 | 177,000 | 220,000 |
| Net income | 203,000 | 365,000 | 598,000 | 740,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,701,000 | 7,863,000 | 8,096,000 | 8,178,000 |