Call reports 2024
FIRST BANK OF OKARCHE, THE — 2024
What FIRST BANK OF OKARCHE, 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 | 137,027,000 | 136,537,000 | 135,139,000 | 135,425,000 |
| Total loans | 49,880,000 | 41,933,000 | 39,766,000 | 49,794,000 |
| Allowance for loan losses | 826,000 | 868,000 | 896,000 | 954,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 56,269,000 | 53,412,000 | 53,067,000 | 49,959,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 118,236,000 | 116,975,000 | 114,855,000 | 115,553,000 |
| Interest-bearing deposits | 68,339,000 | 71,951,000 | 70,827,000 | 69,353,000 |
| Noninterest-bearing deposits | 49,897,000 | 45,024,000 | 44,028,000 | 46,200,000 |
| Equity capital | 17,710,000 | 18,510,000 | 19,167,000 | 18,728,000 |
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 | 1,526,000 | 3,045,000 | 4,584,000 | 6,065,000 |
| Interest expense | 211,000 | 463,000 | 741,000 | 1,024,000 |
| Net interest income | 1,315,000 | 2,582,000 | 3,843,000 | 5,041,000 |
| Noninterest income | 51,000 | 105,000 | 169,000 | 232,000 |
| Noninterest expense | 376,000 | 746,000 | 1,265,000 | 1,769,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 160,000 |
| Pretax income | 960,000 | 1,881,000 | 2,657,000 | 3,344,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 960,000 | 1,881,000 | 2,657,000 | 3,344,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,710,000 | 18,510,000 | 19,166,000 | 18,728,000 |