Call reports 2024
FIRST BANK OF UTICA — 2024
What FIRST BANK OF UTICA 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 | 76,960,000 | 75,539,000 | 76,140,000 | 70,455,000 |
| Total loans | 52,460,000 | 54,134,000 | 59,731,000 | 56,170,000 |
| Allowance for loan losses | 1,089,000 | 1,089,000 | 1,096,000 | 1,096,000 |
| Securities available for sale | 2,978,000 | 2,978,000 | 1,997,000 | 614,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,106,000 | 60,679,000 | 61,119,000 | 55,454,000 |
| Interest-bearing deposits | 49,751,000 | 48,932,000 | 50,462,000 | 44,399,000 |
| Noninterest-bearing deposits | 12,355,000 | 11,747,000 | 10,657,000 | 11,055,000 |
| Equity capital | 10,052,000 | 10,282,000 | 10,510,000 | 10,697,000 |
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 | 1,065,000 | 2,170,000 | 3,308,000 | 4,402,000 |
| Interest expense | 261,000 | 537,000 | 842,000 | 1,153,000 |
| Net interest income | 804,000 | 1,633,000 | 2,466,000 | 3,249,000 |
| Noninterest income | 18,000 | 45,000 | 67,000 | 94,000 |
| Noninterest expense | 553,000 | 1,110,000 | 1,679,000 | 2,247,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 269,000 | 568,000 | 854,000 | 1,096,000 |
| Income tax | 59,000 | 127,000 | 198,000 | 250,000 |
| Net income | 210,000 | 441,000 | 656,000 | 846,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,065,000 | 10,297,000 | 10,512,000 | 10,702,000 |