Call reports 2024
FAIRMOUNT STATE BANK, THE — 2024
What FAIRMOUNT STATE BANK, THE 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 | 55,595,000 | 54,766,000 | 55,590,000 | 56,043,000 |
| Total loans | 40,531,000 | 40,549,000 | 41,691,000 | 43,063,000 |
| Allowance for loan losses | 668,000 | 665,000 | 589,000 | 692,000 |
| Securities available for sale | 9,491,000 | 9,527,000 | 9,524,000 | 8,888,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,131,000 | 48,206,000 | 47,701,000 | 49,460,000 |
| Interest-bearing deposits | 33,854,000 | 34,412,000 | 33,965,000 | 34,795,000 |
| Noninterest-bearing deposits | 15,277,000 | 13,794,000 | 13,736,000 | 14,665,000 |
| Equity capital | 6,285,000 | 6,410,000 | 6,686,000 | 6,470,000 |
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 | 680,000 | 1,358,000 | 2,039,000 | 2,728,000 |
| Interest expense | 166,000 | 319,000 | 446,000 | 615,000 |
| Net interest income | 514,000 | 1,039,000 | 1,593,000 | 2,113,000 |
| Noninterest income | 44,000 | 89,000 | 134,000 | 183,000 |
| Noninterest expense | 414,000 | 816,000 | 1,278,000 | 1,703,000 |
| Provision for loan losses | 52,000 | 98,000 | 163,000 | 368,000 |
| Pretax income | 83,000 | 209,000 | 281,000 | 220,000 |
| Income tax | 20,000 | 51,000 | 69,000 | 75,000 |
| Net income | 63,000 | 158,000 | 212,000 | 145,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,222,000 | 7,316,000 | 7,370,000 | 7,304,000 |