Call reports 2024
SELECT BANK — 2024
What SELECT 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 | 461,404,000 | 464,829,000 | 472,201,000 | 483,160,000 |
| Total loans | 387,638,000 | 393,112,000 | 401,200,000 | 414,964,000 |
| Allowance for loan losses | 3,303,000 | 3,306,000 | 3,308,000 | 3,560,000 |
| Securities available for sale | 44,431,000 | 38,259,000 | 39,338,000 | 37,833,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 425,794,000 | 428,862,000 | 434,740,000 | 433,773,000 |
| Interest-bearing deposits | 385,526,000 | 389,217,000 | 390,791,000 | 390,229,000 |
| Noninterest-bearing deposits | 40,268,000 | 39,645,000 | 43,949,000 | 43,544,000 |
| Equity capital | 33,863,000 | 34,369,000 | 35,647,000 | 34,639,000 |
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 | 6,364,000 | 12,542,000 | 18,996,000 | 25,447,000 |
| Interest expense | 3,317,000 | 6,814,000 | 10,378,000 | 13,787,000 |
| Net interest income | 3,047,000 | 5,728,000 | 8,618,000 | 11,660,000 |
| Noninterest income | 271,000 | 601,000 | 918,000 | 1,266,000 |
| Noninterest expense | 2,226,000 | 4,507,000 | 6,822,000 | 9,105,000 |
| Provision for loan losses | 250,000 | 250,000 | 250,000 | 500,000 |
| Pretax income | 842,000 | 1,572,000 | 2,464,000 | 3,321,000 |
| Income tax | 124,000 | 209,000 | 325,000 | 548,000 |
| Net income | 718,000 | 1,363,000 | 2,139,000 | 2,773,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,902,000 | 41,415,000 | 41,700,000 | 41,794,000 |
| Total capital | 43,909,000 | 44,425,000 | 44,712,000 | 45,058,000 |
| Risk-weighted assets | 332,341,000 | 339,811,000 | 349,478,000 | 364,989,000 |