Call reports 2024
SUNDANCE STATE BANK — 2024
What SUNDANCE 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 | 253,595,000 | 249,882,000 | 251,661,000 | 292,536,000 |
| Total loans | 147,777,000 | 158,725,000 | 156,640,000 | 148,920,000 |
| Allowance for loan losses | 2,867,000 | 2,882,000 | 3,028,000 | 2,897,000 |
| Securities available for sale | 63,568,000 | 62,298,000 | 62,979,000 | 61,036,000 |
| Securities held to maturity | 500,000 | 500,000 | 500,000 | 500,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 217,140,000 | 212,193,000 | 211,309,000 | 254,633,000 |
| Interest-bearing deposits | 174,126,000 | 173,778,000 | 169,054,000 | 204,958,000 |
| Noninterest-bearing deposits | 43,014,000 | 38,415,000 | 42,255,000 | 49,675,000 |
| Equity capital | 23,413,000 | 24,966,000 | 27,409,000 | 25,275,000 |
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 | 3,204,000 | 6,500,000 | 9,796,000 | 13,251,000 |
| Interest expense | 1,188,000 | 2,424,000 | 3,666,000 | 4,933,000 |
| Net interest income | 2,016,000 | 4,076,000 | 6,130,000 | 8,318,000 |
| Noninterest income | 154,000 | 313,000 | 489,000 | 662,000 |
| Noninterest expense | 1,188,000 | 2,337,000 | 3,570,000 | 5,049,000 |
| Provision for loan losses | -113,000 | -87,000 | -17,000 | -75,000 |
| Pretax income | 941,000 | 2,011,000 | 3,008,000 | 3,890,000 |
| Income tax | 190,000 | 375,000 | 560,000 | 714,000 |
| Net income | 751,000 | 1,636,000 | 2,448,000 | 3,176,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,583,000 | 29,468,000 | 30,280,000 | 29,508,000 |
| Total capital | 30,810,000 | 31,795,000 | 32,591,000 | 31,853,000 |
| Risk-weighted assets | 177,252,000 | 185,369,000 | 183,993,000 | 186,810,000 |