Call reports 2024
SPIRO STATE BANK — 2024
What SPIRO 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 | 68,990,000 | 72,210,000 | 72,738,000 | 81,034,000 |
| Total loans | 10,306,000 | 11,894,000 | 15,396,000 | 30,670,000 |
| Allowance for loan losses | 150,000 | 175,000 | 249,000 | 422,000 |
| Securities available for sale | 31,256,000 | 29,969,000 | 29,932,000 | 27,692,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,184,000 | 58,343,000 | 57,856,000 | 66,867,000 |
| Interest-bearing deposits | 36,577,000 | 37,675,000 | 37,484,000 | 45,743,000 |
| Noninterest-bearing deposits | 20,607,000 | 20,668,000 | 20,372,000 | 21,124,000 |
| Equity capital | 11,708,000 | 13,805,000 | 14,664,000 | 14,001,000 |
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 | 144,000 | 986,000 | 1,834,000 | 2,938,000 |
| Interest expense | 20,000 | 100,000 | 197,000 | 387,000 |
| Net interest income | 124,000 | 886,000 | 1,637,000 | 2,551,000 |
| Noninterest income | 25,000 | 157,000 | 249,000 | 330,000 |
| Noninterest expense | 236,000 | 982,000 | 1,847,000 | 2,809,000 |
| Provision for loan losses | 150,000 | 175,000 | 250,000 | 425,000 |
| Pretax income | -237,000 | -114,000 | -211,000 | -353,000 |
| Income tax | 0 | 0 | 0 | -1,000 |
| Net income | -237,000 | -114,000 | -211,000 | -352,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,928,000 | 10,122,000 | 10,519,000 | 10,331,000 |