Call reports 2024
STATE EXCHANGE BANK, THE — 2024
What STATE EXCHANGE 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 | 121,324,000 | 117,774,000 | 120,018,000 | 116,484,000 |
| Total loans | 101,716,000 | 99,928,000 | 94,842,000 | 91,345,000 |
| Allowance for loan losses | 2,224,000 | 2,331,000 | 2,379,000 | 2,458,000 |
| Securities available for sale | 4,709,000 | 5,113,000 | 7,307,000 | 7,894,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,402,000 | 97,235,000 | 100,577,000 | 97,013,000 |
| Interest-bearing deposits | 86,340,000 | 83,431,000 | 84,050,000 | 77,471,000 |
| Noninterest-bearing deposits | 15,062,000 | 13,804,000 | 16,527,000 | 19,542,000 |
| Equity capital | 11,600,000 | 12,151,000 | 11,061,000 | 11,207,000 |
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 | 2,087,000 | 4,146,000 | 5,641,000 | 7,488,000 |
| Interest expense | 929,000 | 1,855,000 | 2,804,000 | 3,728,000 |
| Net interest income | 1,158,000 | 2,291,000 | 2,837,000 | 3,760,000 |
| Noninterest income | 44,000 | 150,000 | 184,000 | 233,000 |
| Noninterest expense | 556,000 | 1,160,000 | 1,767,000 | 2,407,000 |
| Provision for loan losses | 98,000 | 188,000 | 1,389,000 | 1,449,000 |
| Pretax income | 545,000 | 1,082,000 | -146,000 | 126,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 545,000 | 1,082,000 | -146,000 | 126,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,896,000 | 12,433,000 | 11,206,000 | 11,477,000 |