Call reports 2024
NORTH ADAMS STATE BANK — 2024
What NORTH ADAMS 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 | 43,097,000 | 43,721,000 | 44,086,000 | 45,183,000 |
| Total loans | 23,998,000 | 24,036,000 | 23,392,000 | 22,879,000 |
| Allowance for loan losses | 286,000 | 286,000 | 286,000 | 275,000 |
| Securities available for sale | 10,969,000 | 10,749,000 | 10,842,000 | 10,429,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,457,000 | 37,958,000 | 37,953,000 | 39,236,000 |
| Interest-bearing deposits | 26,221,000 | 26,874,000 | 26,714,000 | 27,290,000 |
| Noninterest-bearing deposits | 11,236,000 | 11,084,000 | 11,239,000 | 11,946,000 |
| Equity capital | 5,375,000 | 5,474,000 | 5,820,000 | 5,701,000 |
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 | 503,000 | 1,003,000 | 1,523,000 | 2,058,000 |
| Interest expense | 123,000 | 264,000 | 423,000 | 590,000 |
| Net interest income | 380,000 | 739,000 | 1,100,000 | 1,468,000 |
| Noninterest income | 29,000 | 60,000 | 102,000 | 138,000 |
| Noninterest expense | 283,000 | 538,000 | 785,000 | 1,087,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 126,000 | 261,000 | 417,000 | 519,000 |
| Income tax | 28,000 | 59,000 | 97,000 | 38,000 |
| Net income | 98,000 | 202,000 | 320,000 | 481,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,083,000 | 6,187,000 | 6,304,000 | 6,365,000 |