Call reports 2024
FRIEND BANK — 2024
What FRIEND 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 | 194,022,000 | 203,423,000 | 206,860,000 | 204,200,000 |
| Total loans | 121,805,000 | 126,693,000 | 126,604,000 | 127,756,000 |
| Allowance for loan losses | 2,314,000 | 2,420,000 | 2,447,000 | 2,466,000 |
| Securities available for sale | 19,344,000 | 19,647,000 | 19,475,000 | 31,338,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 168,154,000 | 176,599,000 | 178,895,000 | 176,153,000 |
| Interest-bearing deposits | 119,771,000 | 123,913,000 | 127,547,000 | 127,628,000 |
| Noninterest-bearing deposits | 48,383,000 | 52,686,000 | 51,348,000 | 48,525,000 |
| Equity capital | 22,622,000 | 25,893,000 | 27,109,000 | 26,943,000 |
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 | 2,729,000 | 5,733,000 | 8,737,000 | 11,830,000 |
| Interest expense | 632,000 | 1,421,000 | 2,276,000 | 3,092,000 |
| Net interest income | 2,097,000 | 4,312,000 | 6,461,000 | 8,738,000 |
| Noninterest income | 309,000 | 3,109,000 | 3,407,000 | 3,721,000 |
| Noninterest expense | 1,326,000 | 2,746,000 | 4,254,000 | 6,060,000 |
| Provision for loan losses | 0 | 112,000 | 137,000 | 137,000 |
| Pretax income | 1,082,000 | 4,556,000 | 5,475,000 | 6,264,000 |
| Income tax | 97,000 | 204,000 | 285,000 | 374,000 |
| Net income | 985,000 | 4,352,000 | 5,190,000 | 5,890,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,494,000 | 26,869,000 | 27,717,000 | 28,004,000 |