Call reports 2024
ERGO BANK — 2024
What ERGO 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 | 232,953,000 | 232,555,000 | 242,674,000 | 243,475,000 |
| Total loans | 192,018,000 | 194,375,000 | 201,210,000 | 194,265,000 |
| Allowance for loan losses | 1,476,000 | 1,493,000 | 1,547,000 | 1,567,000 |
| Securities available for sale | 20,431,000 | 21,885,000 | 23,238,000 | 28,497,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 181,883,000 | 188,452,000 | 202,952,000 | 208,983,000 |
| Interest-bearing deposits | 166,780,000 | 170,391,000 | 181,545,000 | 186,281,000 |
| Noninterest-bearing deposits | 15,103,000 | 18,061,000 | 21,407,000 | 22,702,000 |
| Equity capital | 22,312,000 | 22,663,000 | 23,384,000 | 23,211,000 |
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 | 3,146,000 | 6,579,000 | 10,083,000 | 13,708,000 |
| Interest expense | 1,205,000 | 2,551,000 | 3,941,000 | 5,351,000 |
| Net interest income | 1,941,000 | 4,028,000 | 6,142,000 | 8,357,000 |
| Noninterest income | 216,000 | 418,000 | 628,000 | 825,000 |
| Noninterest expense | 1,825,000 | 3,467,000 | 5,374,000 | 7,230,000 |
| Provision for loan losses | 20,000 | 39,000 | 122,000 | 142,000 |
| Pretax income | 311,000 | 935,000 | 1,274,000 | 1,820,000 |
| Income tax | 67,000 | 173,000 | 231,000 | 358,000 |
| Net income | 244,000 | 762,000 | 1,043,000 | 1,462,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,691,000 | 20,086,000 | 20,239,000 | 20,645,000 |
| Total capital | 21,167,000 | 21,579,000 | 21,786,000 | 22,212,000 |
| Risk-weighted assets | 199,789,000 | 199,449,000 | 207,634,000 | 201,125,000 |