Call reports 2024
PICKENS SAVINGS AND LOAN ASSOCIATION, FEDERAL ASSOCIATION — 2024
What PICKENS SAVINGS AND LOAN ASSOCIATION, FEDERAL ASSOCIATION 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 | 126,553,000 | 126,714,000 | 127,930,000 | 128,051,000 |
| Total loans | 72,422,000 | 72,949,000 | 74,278,000 | 76,837,000 |
| Allowance for loan losses | 847,000 | 847,000 | 851,000 | 831,000 |
| Securities available for sale | 35,871,000 | 35,432,000 | 36,058,000 | 33,885,000 |
| Securities held to maturity | 2,434,000 | 2,432,000 | 2,583,000 | 2,586,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,085,000 | 110,015,000 | 110,518,000 | 111,186,000 |
| Interest-bearing deposits | 103,908,000 | 103,523,000 | 103,987,000 | 104,957,000 |
| Noninterest-bearing deposits | 6,177,000 | 6,492,000 | 6,531,000 | 6,229,000 |
| Equity capital | 11,077,000 | 11,230,000 | 11,919,000 | 11,407,000 |
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 | 1,268,000 | 2,610,000 | 3,949,000 | 5,373,000 |
| Interest expense | 443,000 | 916,000 | 1,419,000 | 1,924,000 |
| Net interest income | 825,000 | 1,694,000 | 2,530,000 | 3,449,000 |
| Noninterest income | 68,000 | 145,000 | 223,000 | 300,000 |
| Noninterest expense | 765,000 | 1,534,000 | 2,315,000 | 3,092,000 |
| Provision for loan losses | 5,000 | 5,000 | 9,000 | -8,000 |
| Pretax income | 128,000 | 305,000 | 437,000 | 656,000 |
| Income tax | 11,000 | 31,000 | 42,000 | 75,000 |
| Net income | 117,000 | 274,000 | 395,000 | 581,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,698,000 | 13,856,000 | 13,978,000 | 14,167,000 |
| Total capital | 14,481,000 | 14,642,000 | 14,781,000 | 14,980,000 |
| Risk-weighted assets | 62,504,000 | 62,769,000 | 64,114,000 | 64,989,000 |