Call reports 2024
STURDY SAVINGS BANK — 2024
What STURDY 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 | 1,136,056,000 | 1,142,415,000 | 1,172,047,000 | 1,121,383,000 |
| Total loans | 571,148,000 | 598,524,000 | 595,215,000 | 606,861,000 |
| Allowance for loan losses | 3,377,000 | 3,484,000 | 3,515,000 | 3,680,000 |
| Securities available for sale | 166,827,000 | 159,549,000 | 157,926,000 | 145,846,000 |
| Securities held to maturity | 288,193,000 | 283,352,000 | 277,734,000 | 272,539,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 975,868,000 | 979,780,000 | 1,040,898,000 | 996,346,000 |
| Interest-bearing deposits | 787,869,000 | 762,594,000 | 802,046,000 | 800,169,000 |
| Noninterest-bearing deposits | 187,999,000 | 217,186,000 | 238,852,000 | 196,177,000 |
| Equity capital | 72,791,000 | 74,163,000 | 78,557,000 | 79,697,000 |
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 | 10,197,000 | 20,014,000 | 30,542,000 | 40,979,000 |
| Interest expense | 3,580,000 | 6,751,000 | 9,700,000 | 12,413,000 |
| Net interest income | 6,617,000 | 13,263,000 | 20,842,000 | 28,566,000 |
| Noninterest income | 2,391,000 | 3,413,000 | 4,544,000 | 5,589,000 |
| Noninterest expense | 7,379,000 | 14,734,000 | 22,021,000 | 29,437,000 |
| Provision for loan losses | -42,000 | 65,000 | 96,000 | 262,000 |
| Pretax income | 1,643,000 | 1,822,000 | 3,317,000 | 4,414,000 |
| Income tax | 77,000 | 148,000 | 557,000 | 814,000 |
| Net income | 1,566,000 | 1,674,000 | 2,760,000 | 3,600,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 99,362,000 | 99,520,000 | 100,656,000 | 101,545,000 |
| Total capital | 102,799,000 | 103,078,000 | 104,246,000 | 105,302,000 |
| Risk-weighted assets | 661,076,000 | 672,567,000 | 668,526,000 | 672,466,000 |