Call reports 2024
ALDEN STATE BANK — 2024
What ALDEN 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 | 278,926,000 | 305,368,000 | 321,701,000 | 307,142,000 |
| Total loans | 170,291,000 | 172,796,000 | 175,310,000 | 180,635,000 |
| Allowance for loan losses | 5,310,000 | 5,460,000 | 4,770,000 | 4,814,000 |
| Securities available for sale | 52,294,000 | 50,735,000 | 54,976,000 | 76,921,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 244,084,000 | 271,454,000 | 284,531,000 | 270,703,000 |
| Interest-bearing deposits | 133,711,000 | 144,076,000 | 153,602,000 | 159,905,000 |
| Noninterest-bearing deposits | 110,373,000 | 127,378,000 | 130,929,000 | 110,798,000 |
| Equity capital | 32,174,000 | 32,632,000 | 34,918,000 | 34,131,000 |
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 | 3,733,000 | 7,789,000 | 12,210,000 | 16,639,000 |
| Interest expense | 1,066,000 | 2,227,000 | 3,543,000 | 4,983,000 |
| Net interest income | 2,667,000 | 5,562,000 | 8,667,000 | 11,656,000 |
| Noninterest income | 269,000 | 582,000 | 873,000 | 1,434,000 |
| Noninterest expense | 1,585,000 | 3,426,000 | 5,149,000 | 6,938,000 |
| Provision for loan losses | 0 | 0 | -773,000 | -743,000 |
| Pretax income | 1,351,000 | 2,718,000 | 4,391,000 | 6,152,000 |
| Income tax | 330,000 | 658,000 | 1,036,000 | 1,309,000 |
| Net income | 1,021,000 | 2,060,000 | 3,355,000 | 4,843,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,012,000 | 33,407,000 | 34,985,000 | 35,227,000 |