Call reports 2024
MERCER COUNTY STATE BANK — 2024
What MERCER COUNTY 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 | 563,890,000 | 583,497,000 | 585,943,000 | 583,970,000 |
| Total loans | 365,380,000 | 387,292,000 | 384,679,000 | 390,376,000 |
| Allowance for loan losses | 3,715,000 | 3,848,000 | 3,908,000 | 4,002,000 |
| Securities available for sale | 157,309,000 | 154,501,000 | 157,031,000 | 148,165,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 491,019,000 | 494,581,000 | 499,856,000 | 491,664,000 |
| Interest-bearing deposits | 350,721,000 | 346,544,000 | 346,567,000 | 350,160,000 |
| Noninterest-bearing deposits | 140,298,000 | 148,037,000 | 153,289,000 | 141,504,000 |
| Equity capital | 37,384,000 | 38,002,000 | 43,806,000 | 38,697,000 |
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 | 6,142,000 | 12,663,000 | 19,412,000 | 26,209,000 |
| Interest expense | 1,845,000 | 3,750,000 | 5,801,000 | 7,898,000 |
| Net interest income | 4,297,000 | 8,913,000 | 13,611,000 | 18,311,000 |
| Noninterest income | 953,000 | 1,871,000 | 2,837,000 | 3,815,000 |
| Noninterest expense | 3,792,000 | 7,552,000 | 11,488,000 | 15,389,000 |
| Provision for loan losses | 107,000 | 197,000 | 287,000 | 384,000 |
| Pretax income | 1,351,000 | 3,035,000 | 4,653,000 | 6,323,000 |
| Income tax | 192,000 | 456,000 | 703,000 | 963,000 |
| Net income | 1,159,000 | 2,579,000 | 3,950,000 | 5,360,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,158,000 | 58,579,000 | 59,950,000 | 59,360,000 |
| Total capital | 61,963,000 | 62,517,000 | 63,968,000 | 63,481,000 |
| Risk-weighted assets | 419,392,000 | 433,935,000 | 423,555,000 | 440,367,000 |