Call reports 2024
SLOAN STATE BANK — 2024
What SLOAN STATE 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 | 69,741,000 | 68,831,000 | 69,269,000 | 70,565,000 |
| Total loans | 23,329,000 | 23,062,000 | 22,606,000 | 24,409,000 |
| Allowance for loan losses | 301,000 | 301,000 | 301,000 | 301,000 |
| Securities available for sale | 37,186,000 | 36,024,000 | 37,041,000 | 35,977,000 |
| Securities held to maturity | 1,000 | 1,000 | 1,000 | 1,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,198,000 | 65,908,000 | 64,974,000 | 67,267,000 |
| Interest-bearing deposits | 51,122,000 | 50,796,000 | 48,043,000 | 51,284,000 |
| Noninterest-bearing deposits | 16,077,000 | 15,112,000 | 16,931,000 | 15,983,000 |
| Equity capital | 2,382,000 | 2,781,000 | 4,138,000 | 3,139,000 |
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 | 725,000 | 1,445,000 | 2,175,000 | 2,931,000 |
| Interest expense | 178,000 | 363,000 | 558,000 | 755,000 |
| Net interest income | 547,000 | 1,082,000 | 1,617,000 | 2,176,000 |
| Noninterest income | 16,000 | 70,000 | 86,000 | 112,000 |
| Noninterest expense | 302,000 | 605,000 | 925,000 | 1,296,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 261,000 | 547,000 | 778,000 | 992,000 |
| Income tax | 11,000 | 25,000 | 34,000 | 47,000 |
| Net income | 250,000 | 522,000 | 744,000 | 945,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,051,000 | 8,127,000 | 8,175,000 | 8,210,000 |