Call reports 2024
EXCHANGE STATE BANK — 2024
What EXCHANGE 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 | 134,151,000 | 135,607,000 | 138,783,000 | 141,943,000 |
| Total loans | 115,069,000 | 116,874,000 | 118,092,000 | 119,298,000 |
| Allowance for loan losses | 982,000 | 982,000 | 982,000 | 762,000 |
| Securities available for sale | 11,814,000 | 11,239,000 | 11,964,000 | 11,835,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 108,747,000 | 105,578,000 | 106,137,000 | 115,049,000 |
| Interest-bearing deposits | 82,390,000 | 80,967,000 | 82,164,000 | 92,296,000 |
| Noninterest-bearing deposits | 26,357,000 | 24,611,000 | 23,973,000 | 22,753,000 |
| Equity capital | 12,991,000 | 13,187,000 | 13,608,000 | 13,034,000 |
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 | 1,654,000 | 3,364,000 | 5,145,000 | 6,967,000 |
| Interest expense | 467,000 | 1,028,000 | 1,670,000 | 2,339,000 |
| Net interest income | 1,187,000 | 2,336,000 | 3,475,000 | 4,628,000 |
| Noninterest income | 14,000 | 29,000 | 51,000 | 67,000 |
| Noninterest expense | 584,000 | 1,142,000 | 1,693,000 | 2,233,000 |
| Provision for loan losses | 0 | 0 | 0 | 50,000 |
| Pretax income | 617,000 | 1,223,000 | 1,833,000 | 2,412,000 |
| Income tax | 31,000 | 24,000 | 50,000 | 78,000 |
| Net income | 586,000 | 1,199,000 | 1,783,000 | 2,334,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,268,000 | 14,555,000 | 14,690,000 | 14,391,000 |