Call reports 2024
STATE CENTRAL BANK — 2024
What STATE CENTRAL 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 | 51,140,000 | 50,210,000 | 47,042,000 | 52,446,000 |
| Total loans | 15,361,000 | 17,326,000 | 19,652,000 | 21,739,000 |
| Allowance for loan losses | 1,268,000 | 1,292,000 | 1,295,000 | 831,000 |
| Securities available for sale | 19,682,000 | 19,418,000 | 20,120,000 | 19,686,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,419,000 | 44,423,000 | 40,547,000 | 44,299,000 |
| Interest-bearing deposits | 35,997,000 | 34,696,000 | 31,926,000 | 36,299,000 |
| Noninterest-bearing deposits | 9,422,000 | 9,727,000 | 8,621,000 | 8,000,000 |
| Equity capital | 5,655,000 | 5,718,000 | 6,424,000 | 8,048,000 |
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 | 630,000 | 1,342,000 | 2,002,000 | 4,128,000 |
| Interest expense | 182,000 | 391,000 | 571,000 | 762,000 |
| Net interest income | 448,000 | 951,000 | 1,431,000 | 3,366,000 |
| Noninterest income | 140,000 | 259,000 | 390,000 | 533,000 |
| Noninterest expense | 493,000 | 992,000 | 1,578,000 | 2,178,000 |
| Provision for loan losses | 0 | 0 | 0 | -600,000 |
| Pretax income | 95,000 | 150,000 | 175,000 | 2,253,000 |
| Income tax | 0 | 101,000 | 101,000 | 101,000 |
| Net income | 95,000 | 49,000 | 74,000 | 2,152,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,601,000 | 5,656,000 | 5,680,000 | 7,759,000 |