Call reports 2024
MORGANTON SAVINGS BANK, S.S.B. — 2024
What MORGANTON SAVINGS BANK, S.S.B. 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 | 109,936,000 | 111,716,000 | 104,104,000 | 105,403,000 |
| Total loans | 68,794,000 | 68,411,000 | 68,711,000 | 67,368,000 |
| Allowance for loan losses | 2,388,000 | 2,388,000 | 2,388,000 | 2,388,000 |
| Securities available for sale | 9,596,000 | 9,624,000 | 9,314,000 | 9,380,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,022,000 | 70,830,000 | 67,829,000 | 69,280,000 |
| Interest-bearing deposits | 59,615,000 | 60,813,000 | 57,403,000 | 59,111,000 |
| Noninterest-bearing deposits | 10,407,000 | 10,017,000 | 10,426,000 | 10,169,000 |
| Equity capital | 26,978,000 | 27,842,000 | 28,129,000 | 27,983,000 |
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 | 1,214,000 | 2,918,000 | 4,109,000 | 5,243,000 |
| Interest expense | 227,000 | 448,000 | 658,000 | 875,000 |
| Net interest income | 987,000 | 2,470,000 | 3,451,000 | 4,368,000 |
| Noninterest income | -62,000 | -40,000 | -11,000 | -261,000 |
| Noninterest expense | 755,000 | 1,506,000 | 2,229,000 | 3,262,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 170,000 | 1,034,000 | 1,321,000 | 955,000 |
| Income tax | 0 | 0 | 0 | 203,000 |
| Net income | 170,000 | 1,034,000 | 1,321,000 | 752,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,953,000 | 28,817,000 | 29,104,000 | 28,466,000 |