Call reports 2024
SWEDISH-AMERICAN STATE BANK — 2024
What SWEDISH-AMERICAN 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 | 58,275,000 | 59,351,000 | 54,340,000 | 58,389,000 |
| Total loans | 34,092,000 | 35,426,000 | 35,393,000 | 35,639,000 |
| Allowance for loan losses | 436,000 | 437,000 | 431,000 | 433,000 |
| Securities available for sale | 22,209,000 | 19,172,000 | 17,011,000 | 20,030,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,802,000 | 43,086,000 | 41,509,000 | 42,335,000 |
| Interest-bearing deposits | 34,466,000 | 33,601,000 | 32,064,000 | 32,347,000 |
| Noninterest-bearing deposits | 10,336,000 | 9,485,000 | 9,445,000 | 9,988,000 |
| Equity capital | 5,583,000 | 5,399,000 | 5,932,000 | 5,942,000 |
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 | 809,000 | 1,604,000 | 2,432,000 | 3,224,000 |
| Interest expense | 337,000 | 650,000 | 959,000 | 1,219,000 |
| Net interest income | 472,000 | 954,000 | 1,473,000 | 2,005,000 |
| Noninterest income | 49,000 | 134,000 | 174,000 | 299,000 |
| Noninterest expense | 360,000 | 709,000 | 1,079,000 | 1,486,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 163,000 | 382,000 | 575,000 | 826,000 |
| Income tax | 12,000 | 22,000 | 30,000 | 41,000 |
| Net income | 151,000 | 360,000 | 545,000 | 785,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,744,000 | 6,593,000 | 6,777,000 | 7,018,000 |
| Total capital | 7,180,000 | 7,030,000 | 7,208,000 | 7,451,000 |
| Risk-weighted assets | 37,030,000 | 37,566,000 | 36,915,000 | 37,320,000 |