Call reports 2024
PALO SAVINGS BANK — 2024
What PALO 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 | 46,455,000 | 47,605,000 | 46,735,000 | 46,576,000 |
| Total loans | 22,589,000 | 22,183,000 | 21,916,000 | 22,185,000 |
| Allowance for loan losses | 229,000 | 229,000 | 229,000 | 229,000 |
| Securities available for sale | 16,581,000 | 16,388,000 | 17,120,000 | 16,016,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,788,000 | 44,883,000 | 43,214,000 | 43,688,000 |
| Interest-bearing deposits | 34,662,000 | 34,581,000 | 32,855,000 | 33,951,000 |
| Noninterest-bearing deposits | 9,126,000 | 10,302,000 | 10,359,000 | 9,737,000 |
| Equity capital | 2,501,000 | 2,551,000 | 3,377,000 | 2,746,000 |
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 | 475,000 | 1,000,000 | 1,521,000 | 2,026,000 |
| Interest expense | 180,000 | 376,000 | 586,000 | 795,000 |
| Net interest income | 295,000 | 624,000 | 935,000 | 1,231,000 |
| Noninterest income | 30,000 | 56,000 | 85,000 | 109,000 |
| Noninterest expense | 243,000 | 477,000 | 707,000 | 954,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 82,000 | 203,000 | 313,000 | 386,000 |
| Income tax | 4,000 | 10,000 | 16,000 | 16,000 |
| Net income | 78,000 | 193,000 | 297,000 | 370,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,602,000 | 5,645,000 | 5,707,000 | 5,653,000 |