Call reports 2024
STATE BANK OF CANTON — 2024
What STATE BANK OF CANTON 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 | 33,814,000 | 34,202,000 | 35,592,000 | 32,953,000 |
| Total loans | 12,349,000 | 13,144,000 | 11,763,000 | 12,680,000 |
| Allowance for loan losses | 129,000 | 129,000 | 129,000 | 129,000 |
| Securities available for sale | 9,392,000 | 8,418,000 | 9,077,000 | 10,460,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,540,000 | 26,882,000 | 27,997,000 | 25,351,000 |
| Interest-bearing deposits | 12,158,000 | 17,571,000 | 13,080,000 | 13,084,000 |
| Noninterest-bearing deposits | 14,382,000 | 9,311,000 | 14,917,000 | 12,267,000 |
| Equity capital | 7,102,000 | 7,237,000 | 7,455,000 | 7,485,000 |
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 | 365,000 | 733,000 | 1,135,000 | 1,504,000 |
| Interest expense | 54,000 | 119,000 | 204,000 | 279,000 |
| Net interest income | 311,000 | 614,000 | 931,000 | 1,225,000 |
| Noninterest income | 26,000 | 47,000 | 77,000 | 102,000 |
| Noninterest expense | 200,000 | 372,000 | 656,000 | 869,000 |
| Provision for loan losses | 13,000 | 13,000 | 13,000 | 13,000 |
| Pretax income | 122,000 | 274,000 | 405,000 | 511,000 |
| Income tax | 28,000 | 63,000 | 84,000 | 119,000 |
| Net income | 94,000 | 211,000 | 321,000 | 392,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,300,000 | 7,414,000 | 7,523,000 | 7,592,000 |
| Total capital | 7,429,000 | 7,543,000 | 7,652,000 | 7,721,000 |
| Risk-weighted assets | 16,203,000 | 16,951,000 | 16,039,000 | 16,066,000 |