Call reports 2024
LAUDERDALE COUNTY BANK, THE — 2024
What LAUDERDALE COUNTY BANK, THE 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 | 62,569,000 | 61,764,000 | 62,285,000 | 62,007,000 |
| Total loans | 28,139,000 | 27,591,000 | 27,046,000 | 26,736,000 |
| Allowance for loan losses | 362,000 | 374,000 | 380,000 | 381,000 |
| Securities available for sale | 19,080,000 | 18,679,000 | 18,972,000 | 18,727,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,568,000 | 55,642,000 | 55,522,000 | 55,645,000 |
| Interest-bearing deposits | 40,070,000 | 39,016,000 | 39,032,000 | 38,992,000 |
| Noninterest-bearing deposits | 16,498,000 | 16,626,000 | 16,490,000 | 16,653,000 |
| Equity capital | 4,994,000 | 5,183,000 | 5,779,000 | 5,307,000 |
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 | 749,000 | 1,500,000 | 2,271,000 | 3,049,000 |
| Interest expense | 175,000 | 366,000 | 572,000 | 790,000 |
| Net interest income | 574,000 | 1,134,000 | 1,699,000 | 2,259,000 |
| Noninterest income | 134,000 | 209,000 | 282,000 | 350,000 |
| Noninterest expense | 526,000 | 991,000 | 1,478,000 | 1,984,000 |
| Provision for loan losses | 0 | 10,000 | 20,000 | 20,000 |
| Pretax income | 182,000 | 342,000 | 483,000 | 605,000 |
| Income tax | 44,000 | 49,000 | 73,000 | 119,000 |
| Net income | 138,000 | 293,000 | 410,000 | 486,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,038,000 | 7,173,000 | 7,275,000 | 7,320,000 |