Call reports 2024
GERBER STATE BANK, THE — 2024
What GERBER STATE BANK, THE 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 | 90,070,000 | 87,142,000 | 91,706,000 | 89,047,000 |
| Total loans | 42,272,000 | 41,925,000 | 42,136,000 | 43,692,000 |
| Allowance for loan losses | 699,000 | 700,000 | 720,000 | 713,000 |
| Securities available for sale | 43,319,000 | 42,226,000 | 43,218,000 | 42,510,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 82,173,000 | 76,909,000 | 82,105,000 | 78,615,000 |
| Interest-bearing deposits | 71,627,000 | 66,794,000 | 72,052,000 | 67,380,000 |
| Noninterest-bearing deposits | 10,546,000 | 10,115,000 | 10,053,000 | 11,235,000 |
| Equity capital | 6,976,000 | 7,141,000 | 8,478,000 | 7,591,000 |
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 | 886,000 | 1,742,000 | 2,647,000 | 3,565,000 |
| Interest expense | 201,000 | 407,000 | 691,000 | 968,000 |
| Net interest income | 685,000 | 1,335,000 | 1,956,000 | 2,597,000 |
| Noninterest income | 59,000 | 115,000 | 177,000 | 237,000 |
| Noninterest expense | 467,000 | 906,000 | 1,368,000 | 1,830,000 |
| Provision for loan losses | 62,000 | 61,000 | 82,000 | 73,000 |
| Pretax income | 164,000 | 457,000 | 669,000 | 930,000 |
| Income tax | 7,000 | 8,000 | 8,000 | 8,000 |
| Net income | 157,000 | 449,000 | 661,000 | 922,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,513,000 | 11,669,000 | 11,834,000 | 12,094,000 |
| Total capital | 12,170,000 | 12,308,000 | 12,486,000 | 12,760,000 |
| Risk-weighted assets | 52,427,000 | 51,064,000 | 52,047,000 | 53,256,000 |