Call reports 2024
FLANAGAN STATE BANK — 2024
What FLANAGAN 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 | 281,695,000 | 293,422,000 | 297,358,000 | 294,737,000 |
| Total loans | 153,199,000 | 165,759,000 | 171,974,000 | 175,558,000 |
| Allowance for loan losses | 1,391,000 | 1,427,000 | 1,468,000 | 1,510,000 |
| Securities available for sale | 109,593,000 | 103,525,000 | 104,389,000 | 99,385,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 260,327,000 | 256,362,000 | 253,008,000 | 263,574,000 |
| Interest-bearing deposits | 208,027,000 | 206,515,000 | 214,171,000 | 220,812,000 |
| Noninterest-bearing deposits | 52,300,000 | 49,847,000 | 38,837,000 | 42,762,000 |
| Equity capital | 12,910,000 | 13,090,000 | 16,243,000 | 13,850,000 |
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 | 3,006,000 | 6,161,000 | 9,562,000 | 13,014,000 |
| Interest expense | 1,122,000 | 2,410,000 | 3,919,000 | 5,379,000 |
| Net interest income | 1,884,000 | 3,751,000 | 5,643,000 | 7,635,000 |
| Noninterest income | 2,506,000 | 6,014,000 | 9,837,000 | 12,746,000 |
| Noninterest expense | 4,131,000 | 8,925,000 | 14,661,000 | 19,257,000 |
| Provision for loan losses | 30,000 | 70,000 | 115,000 | 168,000 |
| Pretax income | 229,000 | 732,000 | 666,000 | 918,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 228,000 | 731,000 | 665,000 | 917,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,575,000 | 26,993,000 | 26,786,000 | 26,962,000 |