Call reports 2024
BANK OF ELGIN — 2024
What BANK OF ELGIN 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 | 75,475,000 | 78,644,000 | 80,141,000 | 88,113,000 |
| Total loans | 45,440,000 | 50,001,000 | 51,535,000 | 60,007,000 |
| Allowance for loan losses | 660,000 | 660,000 | 660,000 | 660,000 |
| Securities available for sale | 16,489,000 | 16,444,000 | 16,775,000 | 16,155,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,399,000 | 64,359,000 | 64,517,000 | 69,267,000 |
| Interest-bearing deposits | 43,555,000 | 45,984,000 | 47,075,000 | 48,369,000 |
| Noninterest-bearing deposits | 21,844,000 | 18,375,000 | 17,442,000 | 20,898,000 |
| Equity capital | 9,918,000 | 10,325,000 | 11,224,000 | 11,272,000 |
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 | 938,000 | 1,907,000 | 2,963,000 | 4,046,000 |
| Interest expense | 212,000 | 437,000 | 749,000 | 1,000,000 |
| Net interest income | 726,000 | 1,470,000 | 2,214,000 | 3,046,000 |
| Noninterest income | 68,000 | 129,000 | 256,000 | 399,000 |
| Noninterest expense | 400,000 | 799,000 | 1,200,000 | 1,700,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 394,000 | 800,000 | 1,270,000 | 1,745,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 394,000 | 800,000 | 1,270,000 | 1,745,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,909,000 | 10,273,000 | 10,720,000 | 11,174,000 |