Call reports 2024
ST. ANSGAR STATE BANK — 2024
What ST. ANSGAR STATE 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 | 177,172,000 | 178,336,000 | 179,587,000 | 193,861,000 |
| Total loans | 109,662,000 | 109,616,000 | 112,515,000 | 122,194,000 |
| Allowance for loan losses | 996,000 | 996,000 | 996,000 | 996,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 58,399,000 | 56,794,000 | 56,779,000 | 56,767,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 133,797,000 | 130,042,000 | 129,852,000 | 140,288,000 |
| Interest-bearing deposits | 115,162,000 | 110,076,000 | 110,880,000 | 115,974,000 |
| Noninterest-bearing deposits | 18,635,000 | 19,966,000 | 18,972,000 | 24,314,000 |
| Equity capital | 17,338,000 | 17,451,000 | 17,529,000 | 17,666,000 |
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 | 1,857,000 | 3,793,000 | 5,787,000 | 7,888,000 |
| Interest expense | 900,000 | 1,858,000 | 2,842,000 | 3,785,000 |
| Net interest income | 957,000 | 1,935,000 | 2,945,000 | 4,103,000 |
| Noninterest income | 46,000 | 81,000 | 162,000 | 245,000 |
| Noninterest expense | 725,000 | 1,430,000 | 2,189,000 | 3,047,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 278,000 | 586,000 | 918,000 | 1,301,000 |
| Income tax | 7,000 | 0 | 16,000 | 25,000 |
| Net income | 271,000 | 586,000 | 902,000 | 1,276,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,338,000 | 17,451,000 | 17,529,000 | 17,666,000 |