Call reports 2024
IPAVA STATE BANK — 2024
What IPAVA STATE 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 | 213,743,000 | 202,823,000 | 210,336,000 | 209,647,000 |
| Total loans | 140,162,000 | 140,568,000 | 141,932,000 | 142,129,000 |
| Allowance for loan losses | 1,267,000 | 1,294,000 | 1,326,000 | 1,155,000 |
| Securities available for sale | 9,319,000 | 10,038,000 | 10,064,000 | 10,420,000 |
| Securities held to maturity | 35,492,000 | 36,376,000 | 35,949,000 | 35,614,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 195,304,000 | 183,217,000 | 184,350,000 | 185,021,000 |
| Interest-bearing deposits | 155,464,000 | 150,487,000 | 150,326,000 | 148,981,000 |
| Noninterest-bearing deposits | 39,840,000 | 32,730,000 | 34,024,000 | 36,040,000 |
| Equity capital | 17,797,000 | 17,868,000 | 18,426,000 | 18,019,000 |
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 | 2,631,000 | 5,146,000 | 7,736,000 | 10,182,000 |
| Interest expense | 813,000 | 1,593,000 | 2,410,000 | 3,162,000 |
| Net interest income | 1,818,000 | 3,553,000 | 5,326,000 | 7,020,000 |
| Noninterest income | 384,000 | 750,000 | 1,131,000 | 1,470,000 |
| Noninterest expense | 1,548,000 | 3,158,000 | 4,775,000 | 6,464,000 |
| Provision for loan losses | -105,000 | -79,000 | -42,000 | -4,000 |
| Pretax income | 617,000 | 1,069,000 | 1,569,000 | 1,875,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 617,000 | 1,069,000 | 1,569,000 | 1,875,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,168,000 | 18,229,000 | 18,418,000 | 18,248,000 |
| Total capital | 19,577,000 | 19,678,000 | 19,899,000 | 19,557,000 |
| Risk-weighted assets | 129,372,000 | 130,966,000 | 132,324,000 | 132,834,000 |