Call reports 2024
FLAT BRANCH BANK — 2024
What FLAT BRANCH 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 | 43,154,000 | 63,392,000 | 76,923,000 | 85,451,000 |
| Total loans | 11,663,000 | 13,857,000 | 19,760,000 | 25,828,000 |
| Allowance for loan losses | 114,000 | 135,000 | 222,000 | 259,000 |
| Securities available for sale | 17,944,000 | 16,718,000 | 16,208,000 | 14,872,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,837,000 | 55,939,000 | 68,944,000 | 75,515,000 |
| Interest-bearing deposits | 25,732,000 | 44,249,000 | 57,217,000 | 64,322,000 |
| Noninterest-bearing deposits | 10,105,000 | 11,690,000 | 11,727,000 | 11,193,000 |
| Equity capital | 7,129,000 | 7,244,000 | 7,636,000 | 9,502,000 |
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 | 234,000 | 921,000 | 1,870,000 | 3,074,000 |
| Interest expense | 15,000 | 115,000 | 336,000 | 730,000 |
| Net interest income | 219,000 | 806,000 | 1,534,000 | 2,344,000 |
| Noninterest income | 31,000 | 87,000 | 148,000 | 209,000 |
| Noninterest expense | 240,000 | 691,000 | 1,172,000 | 1,868,000 |
| Provision for loan losses | 114,000 | 135,000 | 222,000 | 259,000 |
| Pretax income | -104,000 | 67,000 | 288,000 | 399,000 |
| Income tax | 0 | 5,000 | 59,000 | 120,000 |
| Net income | -104,000 | 62,000 | 229,000 | 279,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,221,000 | 5,378,000 | 5,572,000 | 7,648,000 |
| Total capital | 5,335,000 | 5,513,000 | 5,792,000 | 7,929,000 |
| Risk-weighted assets | 11,482,000 | 13,439,000 | 17,582,000 | 22,509,000 |