Call reports 2024
FIRST STATE BANK SOUTHWEST — 2024
What FIRST STATE BANK SOUTHWEST 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 | 386,710,000 | 394,174,000 | 393,566,000 | 401,059,000 |
| Total loans | 197,694,000 | 206,621,000 | 207,123,000 | 214,586,000 |
| Allowance for loan losses | 2,342,000 | 2,422,000 | 2,602,000 | 2,240,000 |
| Securities available for sale | 160,556,000 | 156,465,000 | 158,240,000 | 150,719,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 327,736,000 | 328,535,000 | 340,853,000 | 356,445,000 |
| Interest-bearing deposits | 268,388,000 | 269,889,000 | 285,095,000 | 298,810,000 |
| Noninterest-bearing deposits | 59,348,000 | 58,646,000 | 55,758,000 | 57,635,000 |
| Equity capital | 16,508,000 | 16,313,000 | 22,429,000 | 17,885,000 |
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 | 4,070,000 | 8,136,000 | 12,325,000 | 16,676,000 |
| Interest expense | 1,729,000 | 3,554,000 | 5,506,000 | 7,356,000 |
| Net interest income | 2,341,000 | 4,582,000 | 6,819,000 | 9,320,000 |
| Noninterest income | 682,000 | 1,420,000 | 2,226,000 | 3,021,000 |
| Noninterest expense | 2,256,000 | 4,408,000 | 6,702,000 | 9,114,000 |
| Provision for loan losses | 45,000 | 135,000 | 315,000 | 555,000 |
| Pretax income | 722,000 | 1,459,000 | 2,028,000 | 2,672,000 |
| Income tax | 67,000 | 101,000 | 135,000 | 92,000 |
| Net income | 655,000 | 1,358,000 | 1,893,000 | 2,580,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,196,000 | 37,887,000 | 38,147,000 | 38,834,000 |
| Total capital | 40,538,000 | 40,309,000 | 40,749,000 | 41,074,000 |
| Risk-weighted assets | 225,436,000 | 234,044,000 | 231,111,000 | 240,135,000 |