Call reports 2024
BLACK MOUNTAIN SAVINGS BANK, SSB — 2024
What BLACK MOUNTAIN SAVINGS BANK, SSB 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 | 46,020,000 | 45,055,000 | 44,210,000 | 43,810,000 |
| Total loans | 30,379,000 | 29,809,000 | 29,657,000 | 28,646,000 |
| Allowance for loan losses | 62,000 | 62,000 | 62,000 | 62,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 1,000 | 0 | 0 |
| Total deposits | 40,028,000 | 39,155,000 | 38,523,000 | 37,686,000 |
| Interest-bearing deposits | 40,028,000 | 39,155,000 | 38,523,000 | 37,686,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 5,314,000 | 5,267,000 | 5,209,000 | 5,217,000 |
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 | 492,000 | 983,000 | 1,463,000 | 1,925,000 |
| Interest expense | 292,000 | 588,000 | 866,000 | 1,120,000 |
| Net interest income | 200,000 | 395,000 | 597,000 | 805,000 |
| Noninterest income | 9,000 | 16,000 | 23,000 | 35,000 |
| Noninterest expense | 267,000 | 517,000 | 783,000 | 1,042,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -58,000 | -106,000 | -163,000 | -202,000 |
| Income tax | 0 | 0 | 0 | -47,000 |
| Net income | -58,000 | -106,000 | -163,000 | -155,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,314,000 | 5,267,000 | 5,209,000 | 5,217,000 |