Call reports 2024
ABBEVILLE FIRST BANK, SSB — 2024
What ABBEVILLE FIRST BANK, SSB 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 | 124,625,000 | 125,193,000 | 128,335,000 | 127,504,000 |
| Total loans | 73,796,000 | 74,731,000 | 76,104,000 | 77,989,000 |
| Allowance for loan losses | 710,000 | 718,000 | 723,000 | 740,000 |
| Securities available for sale | 27,594,000 | 28,209,000 | 30,377,000 | 29,161,000 |
| Securities held to maturity | 6,522,000 | 6,007,000 | 5,993,000 | 5,982,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 105,876,000 | 106,007,000 | 106,323,000 | 106,394,000 |
| Interest-bearing deposits | 82,189,000 | 81,515,000 | 82,298,000 | 81,028,000 |
| Noninterest-bearing deposits | 23,687,000 | 24,492,000 | 24,025,000 | 25,366,000 |
| Equity capital | 9,187,000 | 9,616,000 | 10,401,000 | 10,056,000 |
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 | 1,422,000 | 2,934,000 | 4,475,000 | 6,061,000 |
| Interest expense | 477,000 | 999,000 | 1,528,000 | 2,040,000 |
| Net interest income | 945,000 | 1,935,000 | 2,947,000 | 4,021,000 |
| Noninterest income | 100,000 | 203,000 | 390,000 | 489,000 |
| Noninterest expense | 725,000 | 1,486,000 | 2,343,000 | 3,138,000 |
| Provision for loan losses | 11,000 | 21,000 | 32,000 | 42,000 |
| Pretax income | 309,000 | 631,000 | 962,000 | 1,330,000 |
| Income tax | 69,000 | 120,000 | 180,000 | 247,000 |
| Net income | 240,000 | 511,000 | 782,000 | 1,083,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,550,000 | 12,134,000 | 12,457,000 | 12,814,000 |