Call reports 2024
SETTLERS BANK — 2024
What SETTLERS 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 | 126,837,000 | 126,385,000 | 130,814,000 | 132,261,000 |
| Total loans | 75,916,000 | 76,699,000 | 78,834,000 | 79,800,000 |
| Allowance for loan losses | 1,558,000 | 1,612,000 | 1,613,000 | 1,600,000 |
| Securities available for sale | 26,601,000 | 26,536,000 | 26,534,000 | 25,724,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 106,483,000 | 105,701,000 | 109,387,000 | 110,767,000 |
| Interest-bearing deposits | 79,965,000 | 79,321,000 | 78,221,000 | 79,390,000 |
| Noninterest-bearing deposits | 26,518,000 | 26,380,000 | 31,166,000 | 31,377,000 |
| Equity capital | 19,803,000 | 20,186,000 | 21,014,000 | 20,927,000 |
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 | 1,586,000 | 3,211,000 | 4,899,000 | 6,646,000 |
| Interest expense | 197,000 | 412,000 | 655,000 | 909,000 |
| Net interest income | 1,389,000 | 2,799,000 | 4,244,000 | 5,737,000 |
| Noninterest income | 76,000 | 150,000 | 227,000 | 306,000 |
| Noninterest expense | 815,000 | 1,542,000 | 2,299,000 | 3,053,000 |
| Provision for loan losses | 5,000 | 9,000 | 9,000 | 9,000 |
| Pretax income | 645,000 | 1,398,000 | 2,163,000 | 2,981,000 |
| Income tax | 129,000 | 300,000 | 461,000 | 645,000 |
| Net income | 516,000 | 1,098,000 | 1,702,000 | 2,336,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,317,000 | 20,649,000 | 21,004,000 | 21,312,000 |