Call reports 2024
HURON STATE BANK — 2024
What HURON 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 | 85,323,000 | 83,150,000 | 91,978,000 | 87,613,000 |
| Total loans | 50,359,000 | 52,182,000 | 53,160,000 | 53,954,000 |
| Allowance for loan losses | 776,000 | 762,000 | 760,000 | 818,000 |
| Securities available for sale | 16,287,000 | 14,422,000 | 13,782,000 | 12,787,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,706,000 | 72,576,000 | 80,811,000 | 76,230,000 |
| Interest-bearing deposits | 59,897,000 | 57,556,000 | 64,321,000 | 59,268,000 |
| Noninterest-bearing deposits | 14,809,000 | 15,020,000 | 16,490,000 | 16,962,000 |
| Equity capital | 10,486,000 | 9,875,000 | 9,997,000 | 10,297,000 |
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 | 946,000 | 1,906,000 | 2,871,000 | 3,879,000 |
| Interest expense | 217,000 | 439,000 | 676,000 | 933,000 |
| Net interest income | 729,000 | 1,467,000 | 2,195,000 | 2,946,000 |
| Noninterest income | 35,000 | 97,000 | 133,000 | 683,000 |
| Noninterest expense | 435,000 | 891,000 | 1,364,000 | 2,059,000 |
| Provision for loan losses | 16,000 | -2,000 | -5,000 | 51,000 |
| Pretax income | 309,000 | 677,000 | 971,000 | 1,517,000 |
| Income tax | 70,000 | 120,000 | 189,000 | 233,000 |
| Net income | 239,000 | 557,000 | 782,000 | 1,284,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,627,000 | 11,023,000 | 11,045,000 | 11,578,000 |