Call reports 2024
STATE BANK, THE — 2024
What STATE BANK, THE 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 | 1,763,912,000 | 1,755,752,000 | 1,806,586,000 | 1,806,828,000 |
| Total loans | 1,462,532,000 | 1,462,369,000 | 1,444,251,000 | 1,437,991,000 |
| Allowance for loan losses | 15,300,000 | 15,300,000 | 14,700,000 | 14,400,000 |
| Securities available for sale | 98,203,000 | 95,480,000 | 95,417,000 | 89,949,000 |
| Securities held to maturity | 877,000 | 791,000 | 535,000 | 535,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,438,943,000 | 1,427,428,000 | 1,470,704,000 | 1,469,751,000 |
| Interest-bearing deposits | 1,030,221,000 | 1,013,160,000 | 1,066,322,000 | 1,048,643,000 |
| Noninterest-bearing deposits | 408,722,000 | 414,268,000 | 404,382,000 | 421,108,000 |
| Equity capital | 157,632,000 | 159,647,000 | 164,336,000 | 166,620,000 |
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 | 21,550,000 | 43,039,000 | 65,243,000 | 87,752,000 |
| Interest expense | 8,927,000 | 18,193,000 | 27,991,000 | 37,719,000 |
| Net interest income | 12,623,000 | 24,846,000 | 37,252,000 | 50,033,000 |
| Noninterest income | 2,387,000 | 4,734,000 | 6,943,000 | 9,111,000 |
| Noninterest expense | 10,782,000 | 21,447,000 | 32,306,000 | 41,631,000 |
| Provision for loan losses | -43,000 | 753,000 | 1,956,000 | 1,654,000 |
| Pretax income | 4,262,000 | 7,367,000 | 9,952,000 | 15,851,000 |
| Income tax | 837,000 | 1,432,000 | 1,917,000 | 3,096,000 |
| Net income | 3,425,000 | 5,935,000 | 8,035,000 | 12,755,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 158,482,000 | 159,926,000 | 162,063,000 | 165,818,000 |
| Total capital | 173,782,000 | 175,226,000 | 176,763,000 | 180,218,000 |
| Risk-weighted assets | 1,393,791,000 | 1,394,133,000 | 1,382,642,000 | 1,372,144,000 |