Call reports 2024
SOUTH OTTUMWA SAVINGS BANK — 2024
What SOUTH OTTUMWA SAVINGS 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 | 546,575,000 | 530,335,000 | 537,201,000 | 541,678,000 |
| Total loans | 318,696,000 | 319,448,000 | 322,656,000 | 324,548,000 |
| Allowance for loan losses | 3,459,000 | 3,752,000 | 3,237,000 | 3,389,000 |
| Securities available for sale | 169,395,000 | 163,069,000 | 159,750,000 | 157,830,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 463,156,000 | 443,924,000 | 451,218,000 | 460,291,000 |
| Interest-bearing deposits | 359,460,000 | 341,998,000 | 346,212,000 | 351,456,000 |
| Noninterest-bearing deposits | 103,696,000 | 101,926,000 | 105,006,000 | 108,835,000 |
| Equity capital | 64,567,000 | 64,176,000 | 68,669,000 | 64,192,000 |
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 | 5,310,000 | 10,737,000 | 16,211,000 | 22,010,000 |
| Interest expense | 1,958,000 | 3,963,000 | 6,027,000 | 8,164,000 |
| Net interest income | 3,352,000 | 6,774,000 | 10,184,000 | 13,846,000 |
| Noninterest income | 556,000 | 1,222,000 | 1,965,000 | 2,244,000 |
| Noninterest expense | 2,760,000 | 5,420,000 | 8,162,000 | 10,823,000 |
| Provision for loan losses | 84,000 | 384,000 | 834,000 | 994,000 |
| Pretax income | 945,000 | 2,067,000 | 3,025,000 | 4,153,000 |
| Income tax | 46,000 | 98,000 | 143,000 | 173,000 |
| Net income | 899,000 | 1,969,000 | 2,882,000 | 3,980,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 65,580,000 | 66,109,000 | 66,480,000 | 64,604,000 |
| Total capital | 69,066,000 | 69,888,000 | 69,744,000 | 68,020,000 |
| Risk-weighted assets | 382,016,000 | 380,207,000 | 382,218,000 | 384,767,000 |