Call reports 2024
BANK OF FOREST — 2024
What BANK OF FOREST 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 | 267,628,000 | 263,360,000 | 265,494,000 | 256,788,000 |
| Total loans | 148,370,000 | 148,002,000 | 149,242,000 | 151,476,000 |
| Allowance for loan losses | 1,825,000 | 1,821,000 | 1,867,000 | 1,894,000 |
| Securities available for sale | 81,932,000 | 80,535,000 | 83,866,000 | 82,245,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 226,457,000 | 225,013,000 | 228,088,000 | 222,581,000 |
| Interest-bearing deposits | 176,768,000 | 176,933,000 | 179,733,000 | 174,594,000 |
| Noninterest-bearing deposits | 49,689,000 | 48,080,000 | 48,355,000 | 47,987,000 |
| Equity capital | 19,404,000 | 20,074,000 | 23,423,000 | 20,365,000 |
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 | 3,112,000 | 6,428,000 | 9,835,000 | 13,238,000 |
| Interest expense | 1,154,000 | 2,437,000 | 3,690,000 | 5,240,000 |
| Net interest income | 1,958,000 | 3,991,000 | 6,145,000 | 7,998,000 |
| Noninterest income | 429,000 | 855,000 | 1,344,000 | 1,768,000 |
| Noninterest expense | 1,839,000 | 3,717,000 | 5,640,000 | 7,575,000 |
| Provision for loan losses | 54,000 | 108,000 | 162,000 | 214,000 |
| Pretax income | 488,000 | 1,009,000 | 1,669,000 | 1,951,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 488,000 | 1,009,000 | 1,669,000 | 1,951,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,070,000 | 30,273,000 | 30,933,000 | 30,344,000 |