Call reports 2024
FIRST STATE BANK OF OLMSTED — 2024
What FIRST STATE BANK OF OLMSTED 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 | 71,721,000 | 72,601,000 | 74,034,000 | 73,854,000 |
| Total loans | 42,250,000 | 43,863,000 | 42,196,000 | 41,072,000 |
| Allowance for loan losses | 448,000 | 451,000 | 454,000 | 456,000 |
| Securities available for sale | 22,559,000 | 22,835,000 | 25,253,000 | 24,459,000 |
| Securities held to maturity | 136,000 | 101,000 | 101,000 | 101,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,157,000 | 64,862,000 | 65,750,000 | 65,604,000 |
| Interest-bearing deposits | 51,895,000 | 52,695,000 | 53,285,000 | 52,846,000 |
| Noninterest-bearing deposits | 12,262,000 | 12,167,000 | 12,465,000 | 12,758,000 |
| Equity capital | 7,368,000 | 7,613,000 | 8,137,000 | 8,078,000 |
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 | 778,000 | 1,597,000 | 2,445,000 | 3,304,000 |
| Interest expense | 270,000 | 554,000 | 867,000 | 1,162,000 |
| Net interest income | 508,000 | 1,043,000 | 1,578,000 | 2,142,000 |
| Noninterest income | 53,000 | 103,000 | 164,000 | 220,000 |
| Noninterest expense | 386,000 | 776,000 | 1,169,000 | 1,622,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 12,000 |
| Pretax income | 172,000 | 364,000 | 564,000 | 728,000 |
| Income tax | 25,000 | 58,000 | 92,000 | 117,000 |
| Net income | 147,000 | 306,000 | 472,000 | 611,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,910,000 | 7,190,000 | 7,858,000 | 8,880,000 |
| Total capital | 7,358,000 | 7,641,000 | 8,312,000 | 9,337,000 |
| Risk-weighted assets | 40,958,000 | 42,973,000 | 40,860,000 | 41,404,000 |