Call reports 2024
FIRST STATE BANK OF FORREST — 2024
What FIRST STATE BANK OF FORREST 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 | 295,360,000 | 298,156,000 | 299,949,000 | 304,640,000 |
| Total loans | 257,943,000 | 256,526,000 | 259,214,000 | 261,876,000 |
| Allowance for loan losses | 2,361,000 | 2,384,000 | 2,471,000 | 2,505,000 |
| Securities available for sale | 19,380,000 | 19,079,000 | 19,443,000 | 18,685,000 |
| Securities held to maturity | 121,000 | 121,000 | 121,000 | 74,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 250,084,000 | 248,692,000 | 249,750,000 | 253,980,000 |
| Interest-bearing deposits | 216,882,000 | 215,957,000 | 218,368,000 | 219,938,000 |
| Noninterest-bearing deposits | 33,202,000 | 32,735,000 | 31,382,000 | 34,042,000 |
| Equity capital | 24,836,000 | 25,067,000 | 25,698,000 | 26,164,000 |
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 | 3,680,000 | 7,430,000 | 11,395,000 | 15,511,000 |
| Interest expense | 1,750,000 | 3,537,000 | 5,463,000 | 7,403,000 |
| Net interest income | 1,930,000 | 3,893,000 | 5,932,000 | 8,108,000 |
| Noninterest income | 204,000 | 425,000 | 677,000 | 1,002,000 |
| Noninterest expense | 1,651,000 | 3,423,000 | 5,306,000 | 7,065,000 |
| Provision for loan losses | 75,000 | 125,000 | 225,000 | 275,000 |
| Pretax income | 408,000 | 770,000 | 1,078,000 | 1,770,000 |
| Income tax | 3,000 | 6,000 | 9,000 | 12,000 |
| Net income | 405,000 | 764,000 | 1,069,000 | 1,758,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,989,000 | 26,238,000 | 26,430,000 | 27,044,000 |
| Total capital | 28,350,000 | 28,622,000 | 28,901,000 | 29,549,000 |
| Risk-weighted assets | 236,889,000 | 233,890,000 | 238,909,000 | 240,592,000 |