Call reports 2024
BALLSTON SPA NATIONAL BANK — 2024
What BALLSTON SPA NATIONAL 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 | 848,935,000 | 858,420,000 | 877,039,000 | 896,333,000 |
| Total loans | 725,987,000 | 741,284,000 | 756,588,000 | 763,981,000 |
| Allowance for loan losses | 8,245,000 | 8,416,000 | 8,513,000 | 8,545,000 |
| Securities available for sale | 73,497,000 | 68,788,000 | 72,337,000 | 76,954,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 732,754,000 | 703,418,000 | 766,577,000 | 696,455,000 |
| Interest-bearing deposits | 585,320,000 | 557,671,000 | 612,561,000 | 551,749,000 |
| Noninterest-bearing deposits | 147,434,000 | 145,747,000 | 154,016,000 | 144,706,000 |
| Equity capital | 66,438,000 | 67,399,000 | 69,354,000 | 73,833,000 |
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 | 9,448,000 | 19,324,000 | 29,481,000 | 39,899,000 |
| Interest expense | 3,495,000 | 7,357,000 | 11,480,000 | 15,715,000 |
| Net interest income | 5,953,000 | 11,967,000 | 18,001,000 | 24,184,000 |
| Noninterest income | 1,051,000 | 1,992,000 | 2,980,000 | 4,025,000 |
| Noninterest expense | 5,335,000 | 10,609,000 | 15,765,000 | 21,249,000 |
| Provision for loan losses | 180,000 | 360,000 | 480,000 | 600,000 |
| Pretax income | 1,489,000 | 2,990,000 | 4,736,000 | 6,360,000 |
| Income tax | 290,000 | 588,000 | 931,000 | 1,234,000 |
| Net income | 1,199,000 | 2,402,000 | 3,805,000 | 5,126,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 66,636,000 | 67,838,000 | 68,887,000 | 73,391,000 |
| Total capital | 74,777,000 | 76,109,000 | 77,311,000 | 81,903,000 |
| Risk-weighted assets | 651,088,000 | 661,441,000 | 673,717,000 | 680,836,000 |