Call reports 2024
FIRST BANK OF BOAZ — 2024
What FIRST BANK OF BOAZ 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 | 248,255,000 | 252,458,000 | 248,210,000 | 240,129,000 |
| Total loans | 63,991,000 | 64,089,000 | 65,619,000 | 64,608,000 |
| Allowance for loan losses | 1,040,000 | 1,041,000 | 1,041,000 | 1,026,000 |
| Securities available for sale | 148,642,000 | 148,654,000 | 154,492,000 | 145,051,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 197,879,000 | 200,857,000 | 196,901,000 | 195,555,000 |
| Interest-bearing deposits | 141,535,000 | 146,528,000 | 143,213,000 | 143,886,000 |
| Noninterest-bearing deposits | 56,344,000 | 54,329,000 | 53,688,000 | 51,669,000 |
| Equity capital | 24,201,000 | 25,277,000 | 30,103,000 | 23,718,000 |
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 | 2,492,000 | 5,135,000 | 7,814,000 | 10,390,000 |
| Interest expense | 1,112,000 | 2,287,000 | 3,490,000 | 4,574,000 |
| Net interest income | 1,380,000 | 2,848,000 | 4,324,000 | 5,816,000 |
| Noninterest income | 115,000 | 232,000 | 348,000 | 473,000 |
| Noninterest expense | 899,000 | 1,799,000 | 2,708,000 | 3,569,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 329,000 | 1,281,000 | 1,964,000 | 2,720,000 |
| Income tax | 180,000 | 200,000 | 290,000 | 432,000 |
| Net income | 149,000 | 1,081,000 | 1,674,000 | 2,288,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,248,000 | 50,818,000 | 51,049,000 | 51,301,000 |