Call reports 2024
CLARKSON BANK — 2024
What CLARKSON 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 | 71,636,000 | 71,361,000 | 72,340,000 | 72,750,000 |
| Total loans | 32,558,000 | 32,095,000 | 33,773,000 | 37,557,000 |
| Allowance for loan losses | 890,000 | 890,000 | 891,000 | 891,000 |
| Securities available for sale | 32,117,000 | 30,815,000 | 29,455,000 | 28,870,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,005,000 | 62,408,000 | 62,682,000 | 60,987,000 |
| Interest-bearing deposits | 47,881,000 | 49,705,000 | 51,670,000 | 49,320,000 |
| Noninterest-bearing deposits | 12,124,000 | 12,703,000 | 11,012,000 | 11,667,000 |
| Equity capital | 6,363,000 | 6,460,000 | 7,144,000 | 6,885,000 |
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 | 749,000 | 1,528,000 | 2,340,000 | 3,180,000 |
| Interest expense | 283,000 | 583,000 | 902,000 | 1,229,000 |
| Net interest income | 466,000 | 945,000 | 1,438,000 | 1,951,000 |
| Noninterest income | 19,000 | 43,000 | 59,000 | 75,000 |
| Noninterest expense | 274,000 | 552,000 | 833,000 | 1,123,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 211,000 | 436,000 | 664,000 | 903,000 |
| Income tax | 39,000 | 78,000 | 117,000 | 141,000 |
| Net income | 172,000 | 358,000 | 547,000 | 762,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,124,000 | 8,191,000 | 8,250,000 | 8,334,000 |