Call reports 2024
FIRST STATE BANK OF SHELBY, THE — 2024
What FIRST STATE BANK OF SHELBY, 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 | 161,760,000 | 156,811,000 | 156,804,000 | 159,168,000 |
| Total loans | 22,235,000 | 26,179,000 | 27,600,000 | 25,439,000 |
| Allowance for loan losses | 111,000 | 110,000 | 110,000 | 95,000 |
| Securities available for sale | 74,370,000 | 64,794,000 | 65,965,000 | 61,350,000 |
| Securities held to maturity | 53,782,000 | 53,474,000 | 52,986,000 | 52,874,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 117,806,000 | 123,751,000 | 123,846,000 | 135,200,000 |
| Interest-bearing deposits | 71,868,000 | 80,058,000 | 79,495,000 | 84,213,000 |
| Noninterest-bearing deposits | 45,938,000 | 43,693,000 | 44,351,000 | 50,987,000 |
| Equity capital | 24,413,000 | 24,729,000 | 26,548,000 | 23,308,000 |
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 | 1,235,000 | 2,495,000 | 3,790,000 | 5,083,000 |
| Interest expense | 594,000 | 1,170,000 | 1,757,000 | 2,319,000 |
| Net interest income | 641,000 | 1,325,000 | 2,033,000 | 2,764,000 |
| Noninterest income | 81,000 | 191,000 | 285,000 | 371,000 |
| Noninterest expense | 556,000 | 1,116,000 | 1,726,000 | 2,444,000 |
| Provision for loan losses | 23,000 | 23,000 | 23,000 | 9,000 |
| Pretax income | 147,000 | -621,000 | -424,000 | -303,000 |
| Income tax | 39,000 | -163,000 | -111,000 | -31,000 |
| Net income | 108,000 | -458,000 | -313,000 | -272,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,382,000 | 31,816,000 | 31,961,000 | 32,003,000 |