Call reports 2024
BANK OF MONTICELLO — 2024
What BANK OF MONTICELLO 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 | 140,151,000 | 142,715,000 | 142,521,000 | 149,545,000 |
| Total loans | 84,836,000 | 86,754,000 | 88,262,000 | 87,475,000 |
| Allowance for loan losses | 971,000 | 990,000 | 1,003,000 | 1,024,000 |
| Securities available for sale | 35,787,000 | 36,112,000 | 36,705,000 | 36,659,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 124,420,000 | 126,548,000 | 124,836,000 | 132,335,000 |
| Interest-bearing deposits | 100,941,000 | 102,138,000 | 103,916,000 | 111,403,000 |
| Noninterest-bearing deposits | 23,479,000 | 24,410,000 | 20,920,000 | 20,932,000 |
| Equity capital | 12,985,000 | 13,369,000 | 14,716,000 | 14,151,000 |
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 | 1,987,000 | 4,041,000 | 6,151,000 | 8,113,000 |
| Interest expense | 662,000 | 1,377,000 | 2,187,000 | 2,952,000 |
| Net interest income | 1,325,000 | 2,664,000 | 3,964,000 | 5,161,000 |
| Noninterest income | 85,000 | 177,000 | 289,000 | 381,000 |
| Noninterest expense | 657,000 | 1,398,000 | 2,121,000 | 3,010,000 |
| Provision for loan losses | 0 | -19,000 | 7,000 | 7,000 |
| Pretax income | 751,000 | 1,463,000 | 2,128,000 | 2,527,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 751,000 | 1,463,000 | 2,128,000 | 2,527,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,431,000 | 16,904,000 | 17,456,000 | 17,856,000 |