Call reports 2024
SOLON STATE BANK — 2024
What SOLON STATE 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 | 127,454,000 | 128,438,000 | 125,454,000 | 128,272,000 |
| Total loans | 72,761,000 | 75,124,000 | 74,331,000 | 79,866,000 |
| Allowance for loan losses | 362,000 | 356,000 | 459,000 | 461,000 |
| Securities available for sale | 46,223,000 | 43,535,000 | 44,466,000 | 42,014,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 93,919,000 | 95,664,000 | 90,359,000 | 92,621,000 |
| Interest-bearing deposits | 69,380,000 | 69,954,000 | 64,548,000 | 67,139,000 |
| Noninterest-bearing deposits | 24,539,000 | 25,710,000 | 25,811,000 | 25,482,000 |
| Equity capital | 24,772,000 | 24,416,000 | 25,799,000 | 26,014,000 |
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 | 1,707,000 | 3,520,000 | 5,382,000 | 7,598,000 |
| Interest expense | 480,000 | 997,000 | 1,489,000 | 1,971,000 |
| Net interest income | 1,227,000 | 2,523,000 | 3,893,000 | 5,627,000 |
| Noninterest income | 82,000 | 165,000 | 252,000 | 573,000 |
| Noninterest expense | 678,000 | 1,274,000 | 1,877,000 | 2,635,000 |
| Provision for loan losses | 0 | 0 | 100,000 | 200,000 |
| Pretax income | 631,000 | 1,412,000 | 2,164,000 | 3,364,000 |
| Income tax | 30,000 | 51,000 | 72,000 | 149,000 |
| Net income | 601,000 | 1,361,000 | 2,092,000 | 3,215,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,553,000 | 27,476,000 | 27,788,000 | 28,489,000 |