Call reports 2024
PEOPLES STATE BANK OF COLFAX — 2024
What PEOPLES STATE BANK OF COLFAX 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 | 39,743,000 | 44,234,000 | 45,701,000 | 44,435,000 |
| Total loans | 20,602,000 | 21,034,000 | 20,482,000 | 20,851,000 |
| Allowance for loan losses | 108,000 | 113,000 | 114,000 | 114,000 |
| Securities available for sale | 11,973,000 | 11,611,000 | 13,832,000 | 14,064,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,602,000 | 38,112,000 | 39,274,000 | 38,319,000 |
| Interest-bearing deposits | 28,847,000 | 32,677,000 | 33,687,000 | 31,891,000 |
| Noninterest-bearing deposits | 5,755,000 | 5,435,000 | 5,587,000 | 6,428,000 |
| Equity capital | 4,654,000 | 4,761,000 | 5,047,000 | 4,765,000 |
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 | 430,000 | 889,000 | 1,398,000 | 1,934,000 |
| Interest expense | 82,000 | 188,000 | 321,000 | 450,000 |
| Net interest income | 348,000 | 701,000 | 1,077,000 | 1,484,000 |
| Noninterest income | 21,000 | 33,000 | 84,000 | 174,000 |
| Noninterest expense | 210,000 | 403,000 | 623,000 | 927,000 |
| Provision for loan losses | 5,000 | 10,000 | 10,000 | 10,000 |
| Pretax income | 154,000 | 321,000 | 523,000 | 716,000 |
| Income tax | 35,000 | 74,000 | 123,000 | 167,000 |
| Net income | 119,000 | 247,000 | 400,000 | 549,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,984,000 | 5,064,000 | 5,212,000 | 5,023,000 |
| Total capital | 5,092,000 | 5,177,000 | 5,331,000 | — |
| Risk-weighted assets | 21,287,000 | 22,854,000 | 22,491,000 | — |