Call reports 2024
LOGAN STATE BANK — 2024
What LOGAN 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 | 80,301,000 | 77,488,000 | 79,328,000 | 81,208,000 |
| Total loans | 69,649,000 | 70,314,000 | 72,309,000 | 75,105,000 |
| Allowance for loan losses | 619,000 | 627,000 | 612,000 | 630,000 |
| Securities available for sale | 975,000 | 658,000 | 673,000 | 662,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,085,000 | 70,047,000 | 71,585,000 | 73,571,000 |
| Interest-bearing deposits | 57,780,000 | 56,047,000 | 58,395,000 | 58,310,000 |
| Noninterest-bearing deposits | 15,305,000 | 14,000,000 | 13,190,000 | 15,261,000 |
| Equity capital | 6,857,000 | 7,030,000 | 7,083,000 | 7,208,000 |
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 | 1,070,000 | 2,184,000 | 3,317,000 | 4,490,000 |
| Interest expense | 327,000 | 705,000 | 1,099,000 | 1,507,000 |
| Net interest income | 743,000 | 1,479,000 | 2,218,000 | 2,983,000 |
| Noninterest income | 46,000 | 100,000 | 155,000 | 204,000 |
| Noninterest expense | 546,000 | 1,086,000 | 1,680,000 | 2,231,000 |
| Provision for loan losses | 3,000 | 10,000 | 13,000 | 31,000 |
| Pretax income | 240,000 | 480,000 | 679,000 | 924,000 |
| Income tax | 11,000 | 22,000 | 33,000 | 42,000 |
| Net income | 229,000 | 458,000 | 646,000 | 882,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,854,000 | 7,033,000 | 7,072,000 | 7,207,000 |
| Total capital | 7,473,000 | 7,660,000 | 7,684,000 | 7,837,000 |
| Risk-weighted assets | 58,499,000 | 58,305,000 | 60,776,000 | 60,635,000 |