Call reports 2024
MAXWELL STATE BANK — 2024
What MAXWELL 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 | 25,708,000 | 26,835,000 | 24,762,000 | 23,645,000 |
| Total loans | 7,908,000 | 8,786,000 | 8,341,000 | 7,330,000 |
| Allowance for loan losses | 83,000 | 83,000 | 122,000 | 122,000 |
| Securities available for sale | 13,768,000 | 13,148,000 | 11,847,000 | 11,212,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,991,000 | 23,088,000 | 22,846,000 | 21,864,000 |
| Interest-bearing deposits | 17,228,000 | 18,025,000 | 17,980,000 | 17,681,000 |
| Noninterest-bearing deposits | 4,763,000 | 5,063,000 | 4,866,000 | 4,183,000 |
| Equity capital | 3,542,000 | 3,550,000 | 1,766,000 | 1,629,000 |
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 | 232,000 | 481,000 | 743,000 | 1,007,000 |
| Interest expense | 90,000 | 177,000 | 276,000 | 371,000 |
| Net interest income | 142,000 | 304,000 | 467,000 | 636,000 |
| Noninterest income | 3,000 | 13,000 | 22,000 | 27,000 |
| Noninterest expense | 220,000 | 452,000 | 2,655,000 | 2,910,000 |
| Provision for loan losses | 0 | 0 | 39,000 | 39,000 |
| Pretax income | -82,000 | -142,000 | -2,212,000 | -2,293,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -82,000 | -142,000 | -2,212,000 | -2,293,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,346,000 | 2,289,000 | 2,173,000 | 2,134,000 |
| Total capital | 2,429,000 | 2,372,000 | 2,295,000 | 2,256,000 |
| Risk-weighted assets | 19,740,000 | 21,119,000 | 17,573,000 | 17,338,000 |