Call reports 2024
GLENWOOD STATE BANK (INCORPORATED) — 2024
What GLENWOOD STATE BANK (INCORPORATED) 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 | 530,632,000 | 545,261,000 | 546,121,000 | 558,915,000 |
| Total loans | 501,565,000 | 510,748,000 | 504,719,000 | 502,693,000 |
| Allowance for loan losses | 5,611,000 | 5,615,000 | 5,003,000 | 5,794,000 |
| Securities available for sale | 8,119,000 | 7,053,000 | 6,153,000 | 5,484,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 452,152,000 | 459,496,000 | 459,643,000 | 482,110,000 |
| Interest-bearing deposits | 372,927,000 | 375,082,000 | 374,973,000 | 399,200,000 |
| Noninterest-bearing deposits | 79,225,000 | 84,414,000 | 84,670,000 | 82,910,000 |
| Equity capital | 45,913,000 | 46,492,000 | 47,438,000 | 48,850,000 |
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 | 7,261,000 | 14,737,000 | 22,550,000 | 30,421,000 |
| Interest expense | 3,256,000 | 6,617,000 | 10,036,000 | 13,512,000 |
| Net interest income | 4,005,000 | 8,120,000 | 12,514,000 | 16,909,000 |
| Noninterest income | 335,000 | 826,000 | 1,298,000 | 1,791,000 |
| Noninterest expense | 3,108,000 | 6,241,000 | 9,364,000 | 12,634,000 |
| Provision for loan losses | 0 | 0 | 391,000 | 391,000 |
| Pretax income | 1,232,000 | 2,705,000 | 4,057,000 | 5,675,000 |
| Income tax | 130,000 | 293,000 | 457,000 | 597,000 |
| Net income | 1,102,000 | 2,412,000 | 3,600,000 | 5,078,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,487,000 | 47,027,000 | 47,783,000 | 49,261,000 |
| Total capital | 52,098,000 | 52,642,000 | 52,786,000 | 55,055,000 |
| Risk-weighted assets | 477,657,000 | 459,574,000 | 495,412,000 | 483,652,000 |