Call reports 2024
OAK BANK — 2024
What OAK 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 | 472,610,000 | 474,986,000 | 484,543,000 | 471,561,000 |
| Total loans | 387,500,000 | 387,590,000 | 389,696,000 | 386,170,000 |
| Allowance for loan losses | 5,681,000 | 5,746,000 | 5,812,000 | 5,871,000 |
| Securities available for sale | 55,215,000 | 53,298,000 | 54,623,000 | 53,865,000 |
| Securities held to maturity | 2,955,000 | 2,955,000 | 2,885,000 | 2,885,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 403,508,000 | 406,540,000 | 419,446,000 | 407,807,000 |
| Interest-bearing deposits | 318,199,000 | 325,550,000 | 330,979,000 | 322,043,000 |
| Noninterest-bearing deposits | 85,309,000 | 80,990,000 | 88,467,000 | 85,764,000 |
| Equity capital | 44,369,000 | 45,267,000 | 48,276,000 | 46,308,000 |
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 | 5,715,000 | 11,587,000 | 17,747,000 | 24,068,000 |
| Interest expense | 2,438,000 | 5,084,000 | 7,840,000 | 10,474,000 |
| Net interest income | 3,277,000 | 6,503,000 | 9,907,000 | 13,594,000 |
| Noninterest income | 599,000 | 1,190,000 | 1,844,000 | 2,272,000 |
| Noninterest expense | 2,296,000 | 4,619,000 | 6,950,000 | 9,814,000 |
| Provision for loan losses | 75,000 | 140,000 | 213,000 | 271,000 |
| Pretax income | 1,505,000 | 2,924,000 | 4,576,000 | 5,752,000 |
| Income tax | 279,000 | 540,000 | 870,000 | 1,077,000 |
| Net income | 1,226,000 | 2,384,000 | 3,706,000 | 4,675,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,682,000 | 51,842,000 | 53,163,000 | 52,633,000 |
| Total capital | 55,421,000 | 56,584,000 | 57,874,000 | 57,262,000 |
| Risk-weighted assets | 378,214,000 | 378,328,000 | 375,779,000 | 369,073,000 |