Call reports 2024
KALAMAZOO COUNTY STATE BANK — 2024
What KALAMAZOO COUNTY 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 | 121,666,000 | 119,447,000 | 117,888,000 | 119,849,000 |
| Total loans | 60,706,000 | 60,224,000 | 57,815,000 | 56,512,000 |
| Allowance for loan losses | 443,000 | 439,000 | 445,000 | 502,000 |
| Securities available for sale | 46,446,000 | 42,993,000 | 44,018,000 | 42,946,000 |
| Securities held to maturity | 5,218,000 | 5,185,000 | 5,178,000 | 5,166,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 109,962,000 | 109,463,000 | 106,549,000 | 108,839,000 |
| Interest-bearing deposits | 65,212,000 | 63,835,000 | 64,463,000 | 68,637,000 |
| Noninterest-bearing deposits | 44,750,000 | 45,628,000 | 42,086,000 | 40,202,000 |
| Equity capital | 9,227,000 | 9,549,000 | 10,931,000 | 10,379,000 |
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 | 1,190,000 | 2,439,000 | 3,692,000 | 4,959,000 |
| Interest expense | 145,000 | 265,000 | 380,000 | 524,000 |
| Net interest income | 1,045,000 | 2,174,000 | 3,312,000 | 4,435,000 |
| Noninterest income | 131,000 | 218,000 | 362,000 | 451,000 |
| Noninterest expense | 1,035,000 | 2,032,000 | 3,037,000 | 3,994,000 |
| Provision for loan losses | 0 | 100,000 | 155,000 | 230,000 |
| Pretax income | 141,000 | 270,000 | 492,000 | 671,000 |
| Income tax | 29,000 | 55,000 | 92,000 | 112,000 |
| Net income | 112,000 | 215,000 | 400,000 | 559,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,408,000 | 13,511,000 | 13,696,000 | 13,681,000 |
| Total capital | 13,881,000 | 13,970,000 | 14,161,000 | 14,204,000 |
| Risk-weighted assets | 76,116,000 | 74,685,000 | 69,659,000 | 73,352,000 |