Call reports 2024
STATE BANK OF BEMENT — 2024
What STATE BANK OF BEMENT 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 | 173,009,000 | 174,870,000 | 176,678,000 | 180,159,000 |
| Total loans | 97,712,000 | 102,076,000 | 105,414,000 | 110,999,000 |
| Allowance for loan losses | 932,000 | 1,017,000 | 1,202,000 | 1,070,000 |
| Securities available for sale | 52,689,000 | 50,904,000 | 50,692,000 | 49,458,000 |
| Securities held to maturity | 120,000 | 120,000 | 120,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 148,174,000 | 148,331,000 | 149,728,000 | 147,344,000 |
| Interest-bearing deposits | 114,783,000 | 115,859,000 | 117,138,000 | 33,694,000 |
| Noninterest-bearing deposits | 33,391,000 | 32,472,000 | 32,590,000 | 113,650,000 |
| Equity capital | 15,344,000 | 15,721,000 | 16,914,000 | 16,244,000 |
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 | 1,998,000 | 4,026,000 | 6,183,000 | 8,447,000 |
| Interest expense | 557,000 | 1,080,000 | 1,640,000 | 2,215,000 |
| Net interest income | 1,441,000 | 2,946,000 | 4,543,000 | 6,232,000 |
| Noninterest income | 203,000 | 404,000 | 606,000 | 787,000 |
| Noninterest expense | 1,198,000 | 2,464,000 | 3,782,000 | 5,214,000 |
| Provision for loan losses | 21,000 | 125,000 | 305,000 | 485,000 |
| Pretax income | 425,000 | 761,000 | 1,062,000 | 1,320,000 |
| Income tax | 82,000 | 151,000 | 212,000 | 243,000 |
| Net income | 343,000 | 610,000 | 850,000 | 1,077,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,220,000 | 17,487,000 | 17,727,000 | 17,477,000 |