Call reports 2024
CULLMAN SAVINGS BANK — 2024
What CULLMAN SAVINGS 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 | 419,153,000 | 421,029,000 | 433,678,000 | 430,116,000 |
| Total loans | 344,403,000 | 350,335,000 | 354,547,000 | 356,259,000 |
| Allowance for loan losses | 2,938,000 | 2,857,000 | 2,873,000 | 2,882,000 |
| Securities available for sale | 27,722,000 | 27,594,000 | 26,758,000 | 23,103,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 288,444,000 | 288,302,000 | 298,136,000 | 297,545,000 |
| Interest-bearing deposits | 239,376,000 | 242,403,000 | 255,755,000 | 253,068,000 |
| Noninterest-bearing deposits | 49,068,000 | 45,899,000 | 42,381,000 | 44,477,000 |
| Equity capital | 77,104,000 | 78,259,000 | 80,422,000 | 78,077,000 |
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 | 5,079,000 | 10,303,000 | 15,882,000 | 21,540,000 |
| Interest expense | 1,581,000 | 3,264,000 | 5,165,000 | 7,040,000 |
| Net interest income | 3,498,000 | 7,039,000 | 10,717,000 | 14,500,000 |
| Noninterest income | 357,000 | 726,000 | 1,100,000 | 1,533,000 |
| Noninterest expense | 2,928,000 | 5,982,000 | 8,919,000 | 11,805,000 |
| Provision for loan losses | -40,000 | -132,000 | -396,000 | -382,000 |
| Pretax income | 967,000 | 1,848,000 | 3,305,000 | 4,635,000 |
| Income tax | 183,000 | 352,000 | 672,000 | 941,000 |
| Net income | 784,000 | 1,496,000 | 2,633,000 | 3,694,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 80,180,000 | 81,188,000 | 82,621,000 | 81,040,000 |