Call reports 2024
HORATIO STATE BANK — 2024
What HORATIO 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 | 300,810,000 | 298,388,000 | 300,545,000 | 306,833,000 |
| Total loans | 243,947,000 | 249,038,000 | 253,345,000 | 255,295,000 |
| Allowance for loan losses | 4,003,000 | 4,087,000 | 4,218,000 | 4,295,000 |
| Securities available for sale | 18,592,000 | 18,785,000 | 18,177,000 | 18,490,000 |
| Securities held to maturity | 9,819,000 | 9,764,000 | 9,764,000 | 9,764,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 268,970,000 | 266,360,000 | 268,048,000 | 274,345,000 |
| Interest-bearing deposits | 248,786,000 | 247,295,000 | 248,580,000 | 254,651,000 |
| Noninterest-bearing deposits | 20,184,000 | 19,065,000 | 19,468,000 | 19,694,000 |
| Equity capital | 31,077,000 | 31,270,000 | 31,763,000 | 31,637,000 |
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 | 4,657,000 | 9,473,000 | 14,332,000 | 19,286,000 |
| Interest expense | 2,319,000 | 4,725,000 | 7,216,000 | 9,640,000 |
| Net interest income | 2,338,000 | 4,748,000 | 7,116,000 | 9,646,000 |
| Noninterest income | 104,000 | 194,000 | 330,000 | 412,000 |
| Noninterest expense | 1,481,000 | 3,005,000 | 4,629,000 | 6,180,000 |
| Provision for loan losses | 310,000 | 702,000 | 1,335,000 | 1,814,000 |
| Pretax income | 651,000 | 1,235,000 | 1,482,000 | 2,064,000 |
| Income tax | 157,000 | 307,000 | 425,000 | 370,000 |
| Net income | 494,000 | 928,000 | 1,057,000 | 1,694,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,201,000 | 34,242,000 | 34,176,000 | 34,617,000 |