Call reports 2024
SANGER BANK — 2024
What SANGER 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 | 201,185,000 | 199,657,000 | 209,648,000 | 208,450,000 |
| Total loans | 127,116,000 | 125,074,000 | 126,126,000 | 128,138,000 |
| Allowance for loan losses | 1,589,000 | 1,517,000 | 1,561,000 | 1,675,000 |
| Securities available for sale | 1,538,000 | 1,474,000 | 1,460,000 | 1,338,000 |
| Securities held to maturity | 33,463,000 | 33,233,000 | 33,254,000 | 32,404,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 168,117,000 | 166,392,000 | 175,439,000 | 174,509,000 |
| Interest-bearing deposits | 123,987,000 | 120,782,000 | 126,135,000 | 130,049,000 |
| Noninterest-bearing deposits | 44,130,000 | 45,610,000 | 49,304,000 | 44,460,000 |
| Equity capital | 31,428,000 | 31,972,000 | 32,530,000 | 32,902,000 |
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 | 2,984,000 | 5,658,000 | 8,496,000 | 11,452,000 |
| Interest expense | 926,000 | 1,882,000 | 2,860,000 | 3,847,000 |
| Net interest income | 2,058,000 | 3,776,000 | 5,636,000 | 7,605,000 |
| Noninterest income | 218,000 | 419,000 | 619,000 | 820,000 |
| Noninterest expense | 1,382,000 | 2,660,000 | 4,069,000 | 5,471,000 |
| Provision for loan losses | 26,000 | 37,000 | 69,000 | 218,000 |
| Pretax income | 868,000 | 1,498,000 | 2,117,000 | 2,736,000 |
| Income tax | 164,000 | 260,000 | 365,000 | 87,000 |
| Net income | 704,000 | 1,238,000 | 1,752,000 | 2,649,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,687,000 | 32,222,000 | 32,735,000 | 33,154,000 |
| Total capital | 33,276,000 | 33,739,000 | 34,296,000 | 34,829,000 |
| Risk-weighted assets | 130,401,000 | 132,735,000 | 132,770,000 | 133,922,000 |