Call reports 2024
PORTAGE COUNTY BANK, THE — 2024
What PORTAGE 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 | 211,509,000 | 200,342,000 | 210,139,000 | 212,516,000 |
| Total loans | 111,727,000 | 112,446,000 | 113,875,000 | 114,685,000 |
| Allowance for loan losses | 1,167,000 | 1,183,000 | 1,193,000 | 1,209,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 60,716,000 | 61,015,000 | 62,805,000 | 64,722,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 176,745,000 | 164,529,000 | 173,856,000 | 179,470,000 |
| Interest-bearing deposits | 123,628,000 | 113,954,000 | 122,368,000 | 114,939,000 |
| Noninterest-bearing deposits | 53,117,000 | 50,575,000 | 51,488,000 | 64,531,000 |
| Equity capital | 21,460,000 | 22,596,000 | 23,016,000 | 23,611,000 |
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 | 2,414,000 | 4,869,000 | 7,324,000 | 9,884,000 |
| Interest expense | 793,000 | 1,586,000 | 2,379,000 | 3,184,000 |
| Net interest income | 1,621,000 | 3,283,000 | 4,945,000 | 6,700,000 |
| Noninterest income | 190,000 | 366,000 | 549,000 | 725,000 |
| Noninterest expense | 1,279,000 | 2,477,000 | 3,782,000 | 4,955,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 517,000 | 1,142,000 | 1,667,000 | 2,410,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 517,000 | 1,142,000 | 1,667,000 | 2,410,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,270,000 | 22,435,000 | 22,884,000 | 23,509,000 |