Call reports 2024
SPUR SECURITY BANK — 2024
What SPUR SECURITY 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 | 86,069,000 | 88,921,000 | 99,815,000 | 108,830,000 |
| Total loans | 46,632,000 | 50,088,000 | 55,984,000 | 58,399,000 |
| Allowance for loan losses | 513,000 | 589,000 | 625,000 | 700,000 |
| Securities available for sale | 28,138,000 | 27,946,000 | 28,805,000 | 27,851,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,602,000 | 82,730,000 | 91,485,000 | 101,464,000 |
| Interest-bearing deposits | 51,856,000 | 58,095,000 | 67,333,000 | 76,744,000 |
| Noninterest-bearing deposits | 28,746,000 | 24,635,000 | 24,152,000 | 24,720,000 |
| Equity capital | 5,167,000 | 5,840,000 | 7,845,000 | 6,818,000 |
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 | 1,118,000 | 2,376,000 | 3,886,000 | 5,444,000 |
| Interest expense | 465,000 | 995,000 | 1,682,000 | 2,404,000 |
| Net interest income | 653,000 | 1,381,000 | 2,204,000 | 3,040,000 |
| Noninterest income | 54,000 | 148,000 | 170,000 | 230,000 |
| Noninterest expense | 784,000 | 1,594,000 | 2,376,000 | 3,194,000 |
| Provision for loan losses | 120,000 | 201,000 | 241,000 | 316,000 |
| Pretax income | -197,000 | -266,000 | -243,000 | -240,000 |
| Income tax | 0 | -85,000 | -247,000 | -247,000 |
| Net income | -197,000 | -181,000 | 4,000 | 7,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,450,000 | 12,166,000 | 13,352,000 | 13,354,000 |
| Total capital | 11,963,000 | 12,755,000 | 13,977,000 | 14,054,000 |
| Risk-weighted assets | 52,125,000 | 55,099,000 | 58,614,000 | 61,258,000 |