Call reports 2024
FIRST NEW MEXICO BANK OF SILVER CITY — 2024
What FIRST NEW MEXICO BANK OF SILVER CITY 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 | 136,781,000 | 134,969,000 | 137,007,000 | 141,787,000 |
| Total loans | 67,330,000 | 68,211,000 | 66,653,000 | 69,735,000 |
| Allowance for loan losses | 1,042,000 | 1,052,000 | 1,072,000 | 1,102,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 47,183,000 | 45,828,000 | 44,740,000 | 44,272,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 116,317,000 | 114,848,000 | 116,007,000 | 120,929,000 |
| Interest-bearing deposits | 88,687,000 | 87,097,000 | 87,445,000 | 87,668,000 |
| Noninterest-bearing deposits | 27,630,000 | 27,751,000 | 28,562,000 | 33,261,000 |
| Equity capital | 16,400,000 | 16,503,000 | 16,650,000 | 16,973,000 |
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 | 1,569,000 | 3,354,000 | 5,053,000 | 6,862,000 |
| Interest expense | 189,000 | 380,000 | 597,000 | 817,000 |
| Net interest income | 1,380,000 | 2,974,000 | 4,456,000 | 6,045,000 |
| Noninterest income | 248,000 | 476,000 | 805,000 | 1,013,000 |
| Noninterest expense | 989,000 | 2,138,000 | 3,244,000 | 4,300,000 |
| Provision for loan losses | 10,000 | 20,000 | 40,000 | 70,000 |
| Pretax income | 629,000 | 1,292,000 | 1,977,000 | 2,688,000 |
| Income tax | 146,000 | 321,000 | 472,000 | 608,000 |
| Net income | 483,000 | 971,000 | 1,505,000 | 2,080,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,400,000 | 16,503,000 | 16,649,000 | 16,972,000 |