Call reports 2024
SCOTTSDALE COMMUNITY BANK — 2024
What SCOTTSDALE COMMUNITY 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 | 57,878,000 | 62,193,000 | 70,006,000 | 75,509,000 |
| Total loans | 41,805,000 | 44,395,000 | 47,461,000 | 54,749,000 |
| Allowance for loan losses | 501,000 | 585,000 | 608,000 | 649,000 |
| Securities available for sale | 6,905,000 | 6,811,000 | 7,324,000 | 9,350,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,519,000 | 39,724,000 | 53,027,000 | 55,441,000 |
| Interest-bearing deposits | 31,377,000 | 32,812,000 | 41,990,000 | 44,261,000 |
| Noninterest-bearing deposits | 8,142,000 | 6,912,000 | 11,037,000 | 11,180,000 |
| Equity capital | 13,593,000 | 13,372,000 | 13,439,000 | 13,084,000 |
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 | 1,641,000 | 2,633,000 | 3,659,000 |
| Interest expense | 342,000 | 739,000 | 1,173,000 | 1,638,000 |
| Net interest income | 436,000 | 902,000 | 1,460,000 | 2,021,000 |
| Noninterest income | 7,000 | 12,000 | 21,000 | 30,000 |
| Noninterest expense | 672,000 | 1,366,000 | 2,073,000 | 2,750,000 |
| Provision for loan losses | 96,000 | 179,000 | 203,000 | 244,000 |
| Pretax income | -325,000 | -634,000 | -798,000 | -947,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -325,000 | -634,000 | -798,000 | -947,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,042,000 | 13,757,000 | 13,610,000 | 13,481,000 |