Call reports 2024
WESTERN DAKOTA BANK — 2024
What WESTERN DAKOTA 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 | 73,432,000 | 74,025,000 | 70,860,000 | 76,131,000 |
| Total loans | 23,842,000 | 23,868,000 | 26,540,000 | 25,155,000 |
| Allowance for loan losses | 385,000 | 391,000 | 395,000 | 375,000 |
| Securities available for sale | 6,954,000 | 6,756,000 | 6,516,000 | 5,268,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,668,000 | 67,401,000 | 63,810,000 | 68,791,000 |
| Interest-bearing deposits | 47,047,000 | 47,567,000 | 46,379,000 | 43,996,000 |
| Noninterest-bearing deposits | 19,621,000 | 19,834,000 | 17,431,000 | 24,795,000 |
| Equity capital | 6,525,000 | 6,351,000 | 6,741,000 | 7,028,000 |
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 | 809,000 | 1,683,000 | 2,556,000 | 3,478,000 |
| Interest expense | 231,000 | 486,000 | 756,000 | 1,027,000 |
| Net interest income | 578,000 | 1,197,000 | 1,800,000 | 2,451,000 |
| Noninterest income | 57,000 | 118,000 | 165,000 | 221,000 |
| Noninterest expense | 321,000 | 650,000 | 1,017,000 | 1,407,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | -1,000 |
| Pretax income | 308,000 | 653,000 | 930,000 | 1,241,000 |
| Income tax | 12,000 | 25,000 | 37,000 | 50,000 |
| Net income | 296,000 | 628,000 | 893,000 | 1,191,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,844,000 | 6,646,000 | 6,911,000 | 7,209,000 |