Call reports 2024
UPSTATE NATIONAL BANK, THE — 2024
What UPSTATE NATIONAL BANK, THE 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 | 308,013,000 | 286,780,000 | 286,194,000 | 263,474,000 |
| Total loans | 243,377,000 | 234,210,000 | 223,885,000 | 219,863,000 |
| Allowance for loan losses | 2,921,000 | 2,924,000 | 2,924,000 | 2,835,000 |
| Securities available for sale | 25,553,000 | 25,208,000 | 25,718,000 | 24,391,000 |
| Securities held to maturity | 10,000 | 10,000 | 10,000 | 10,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 204,464,000 | 185,524,000 | 187,300,000 | 170,555,000 |
| Interest-bearing deposits | 182,725,000 | 166,480,000 | 163,965,000 | 148,617,000 |
| Noninterest-bearing deposits | 21,739,000 | 19,044,000 | 23,335,000 | 21,938,000 |
| Equity capital | 28,954,000 | 28,109,000 | 27,878,000 | 26,543,000 |
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 | 4,038,000 | 7,763,000 | 11,415,000 | 14,906,000 |
| Interest expense | 3,060,000 | 5,764,000 | 8,473,000 | 11,052,000 |
| Net interest income | 978,000 | 1,999,000 | 2,942,000 | 3,854,000 |
| Noninterest income | 54,000 | 147,000 | 202,000 | 280,000 |
| Noninterest expense | 1,249,000 | 3,645,000 | 5,907,000 | 7,474,000 |
| Provision for loan losses | 272,000 | 274,000 | 274,000 | 241,000 |
| Pretax income | -489,000 | -1,783,000 | -3,047,000 | -3,624,000 |
| Income tax | -173,000 | -482,000 | -764,000 | -713,000 |
| Net income | -316,000 | -1,301,000 | -2,283,000 | -2,911,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,042,000 | 29,468,000 | 28,392,000 | 27,612,000 |
| Total capital | 33,483,000 | 31,885,000 | 30,743,000 | 29,922,000 |
| Risk-weighted assets | 194,789,000 | 192,866,000 | 187,567,000 | 184,202,000 |