Call reports 2024
SPENCER COUNTY BANK — 2024
What SPENCER COUNTY 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 | 129,360,000 | 125,837,000 | 125,048,000 | 126,397,000 |
| Total loans | 81,513,000 | 81,990,000 | 82,315,000 | 80,546,000 |
| Allowance for loan losses | 553,000 | 563,000 | 564,000 | 577,000 |
| Securities available for sale | 25,563,000 | 24,913,000 | 26,938,000 | 27,832,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 113,052,000 | 109,149,000 | 107,069,000 | 109,143,000 |
| Interest-bearing deposits | 83,426,000 | 82,206,000 | 80,377,000 | 81,233,000 |
| Noninterest-bearing deposits | 29,626,000 | 26,943,000 | 26,692,000 | 27,910,000 |
| Equity capital | 15,716,000 | 16,025,000 | 16,804,000 | 16,746,000 |
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 | 1,409,000 | 2,918,000 | 4,412,000 | 5,921,000 |
| Interest expense | 345,000 | 730,000 | 1,145,000 | 1,577,000 |
| Net interest income | 1,064,000 | 2,188,000 | 3,267,000 | 4,344,000 |
| Noninterest income | 178,000 | 354,000 | 572,000 | 736,000 |
| Noninterest expense | 941,000 | 1,900,000 | 2,868,000 | 3,825,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 286,000 | 612,000 | 926,000 | 1,195,000 |
| Income tax | 56,000 | 121,000 | 183,000 | 223,000 |
| Net income | 230,000 | 491,000 | 743,000 | 972,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,222,000 | 17,484,000 | 17,736,000 | 17,920,000 |