Call reports 2024
HURON VALLEY STATE BANK — 2024
What HURON VALLEY 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 | 239,991,000 | 237,825,000 | 242,375,000 | 245,318,000 |
| Total loans | 182,654,000 | 189,768,000 | 192,336,000 | 188,684,000 |
| Allowance for loan losses | 2,418,000 | 2,488,000 | 2,573,000 | 2,643,000 |
| Securities available for sale | 26,987,000 | 16,879,000 | 19,965,000 | 22,301,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 215,487,000 | 212,716,000 | 216,034,000 | 218,810,000 |
| Interest-bearing deposits | 129,844,000 | 127,674,000 | 134,034,000 | 135,808,000 |
| Noninterest-bearing deposits | 85,643,000 | 85,042,000 | 82,000,000 | 83,002,000 |
| Equity capital | 23,258,000 | 23,967,000 | 24,941,000 | 25,557,000 |
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 | 3,273,000 | 6,612,000 | 10,132,000 | 13,689,000 |
| Interest expense | 858,000 | 1,780,000 | 2,776,000 | 3,786,000 |
| Net interest income | 2,415,000 | 4,832,000 | 7,356,000 | 9,903,000 |
| Noninterest income | 111,000 | 250,000 | 372,000 | 506,000 |
| Noninterest expense | 1,690,000 | 3,320,000 | 5,025,000 | 6,461,000 |
| Provision for loan losses | 60,000 | 130,000 | 215,000 | 285,000 |
| Pretax income | 776,000 | 1,632,000 | 2,483,000 | 3,638,000 |
| Income tax | 163,000 | 343,000 | 522,000 | 764,000 |
| Net income | 613,000 | 1,289,000 | 1,961,000 | 2,874,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,467,000 | 25,109,000 | 25,785,000 | 26,702,000 |
| Total capital | 26,866,000 | 27,597,000 | 28,327,000 | 29,222,000 |
| Risk-weighted assets | 191,868,000 | 202,678,000 | 203,456,000 | 201,499,000 |