Call reports 2024
LOVELADY STATE BANK — 2024
What LOVELADY 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 | 48,869,000 | 50,198,000 | 53,184,000 | 52,247,000 |
| Total loans | 22,772,000 | 22,389,000 | 22,730,000 | 23,061,000 |
| Allowance for loan losses | 345,000 | 323,000 | 326,000 | 334,000 |
| Securities available for sale | 8,963,000 | 7,966,000 | 7,628,000 | 6,071,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,406,000 | 43,480,000 | 46,062,000 | 45,444,000 |
| Interest-bearing deposits | 27,661,000 | 27,648,000 | 29,629,000 | 30,346,000 |
| Noninterest-bearing deposits | 14,745,000 | 15,832,000 | 16,433,000 | 15,098,000 |
| Equity capital | 5,730,000 | 5,956,000 | 6,263,000 | 5,928,000 |
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 | 617,000 | 1,290,000 | 1,968,000 | 2,665,000 |
| Interest expense | 77,000 | 164,000 | 266,000 | 392,000 |
| Net interest income | 540,000 | 1,126,000 | 1,702,000 | 2,273,000 |
| Noninterest income | 84,000 | 156,000 | 232,000 | 327,000 |
| Noninterest expense | 427,000 | 884,000 | 1,372,000 | 1,908,000 |
| Provision for loan losses | 0 | 0 | 10,000 | 20,000 |
| Pretax income | 197,000 | 398,000 | 552,000 | 672,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 197,000 | 398,000 | 552,000 | 672,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,217,000 | 6,418,000 | 6,572,000 | 6,274,000 |
| Total capital | 6,562,000 | 6,741,000 | 6,898,000 | 6,608,000 |
| Risk-weighted assets | 28,115,000 | 28,124,000 | 28,648,000 | 28,572,000 |