Call reports 2024
BANK OF SUNSET & TRUST COMPANY — 2024
What BANK OF SUNSET & TRUST COMPANY 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 | 187,155,000 | 185,140,000 | 187,850,000 | 185,105,000 |
| Total loans | 148,440,000 | 149,504,000 | 152,964,000 | 150,276,000 |
| Allowance for loan losses | 1,534,000 | 1,564,000 | 1,550,000 | 1,663,000 |
| Securities available for sale | 20,441,000 | 19,787,000 | 20,024,000 | 18,990,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 168,552,000 | 164,073,000 | 161,873,000 | 162,909,000 |
| Interest-bearing deposits | 128,342,000 | 124,139,000 | 122,256,000 | 122,698,000 |
| Noninterest-bearing deposits | 40,210,000 | 39,934,000 | 39,617,000 | 40,211,000 |
| Equity capital | 16,295,000 | 16,209,000 | 17,329,000 | 16,992,000 |
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 | 2,537,000 | 5,173,000 | 7,890,000 | 10,693,000 |
| Interest expense | 742,000 | 1,519,000 | 2,380,000 | 3,181,000 |
| Net interest income | 1,795,000 | 3,654,000 | 5,510,000 | 7,512,000 |
| Noninterest income | 160,000 | 313,000 | 468,000 | 846,000 |
| Noninterest expense | 1,305,000 | 2,627,000 | 3,961,000 | 5,401,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 195,000 |
| Pretax income | 620,000 | 1,280,000 | 1,927,000 | 2,762,000 |
| Income tax | 117,000 | 248,000 | 381,000 | 524,000 |
| Net income | 503,000 | 1,032,000 | 1,546,000 | 2,238,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,238,000 | 19,258,000 | 19,772,000 | 19,865,000 |