Call reports 2024
SOUTHWIND BANK — 2024
What SOUTHWIND 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 | 177,808,000 | 182,101,000 | 183,346,000 | 172,164,000 |
| Total loans | 84,596,000 | 80,520,000 | 82,732,000 | 85,600,000 |
| Allowance for loan losses | 1,183,000 | 1,184,000 | 1,212,000 | 1,215,000 |
| Securities available for sale | 83,040,000 | 91,909,000 | 92,079,000 | 78,864,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 153,952,000 | 157,755,000 | 155,598,000 | 155,872,000 |
| Interest-bearing deposits | 104,729,000 | 107,591,000 | 108,387,000 | 105,723,000 |
| Noninterest-bearing deposits | 49,223,000 | 50,164,000 | 47,211,000 | 50,149,000 |
| Equity capital | 8,661,000 | 8,994,000 | 11,629,000 | 9,189,000 |
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 | 1,919,000 | 3,879,000 | 5,957,000 | 7,945,000 |
| Interest expense | 637,000 | 1,310,000 | 2,040,000 | 2,657,000 |
| Net interest income | 1,282,000 | 2,569,000 | 3,917,000 | 5,288,000 |
| Noninterest income | 71,000 | 118,000 | 162,000 | 200,000 |
| Noninterest expense | 910,000 | 1,688,000 | 2,524,000 | 3,407,000 |
| Provision for loan losses | 18,000 | 36,000 | 54,000 | 172,000 |
| Pretax income | 1,362,000 | 1,904,000 | 2,443,000 | 2,853,000 |
| Income tax | 298,000 | 397,000 | 489,000 | 508,000 |
| Net income | 1,064,000 | 1,507,000 | 1,954,000 | 2,345,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,465,000 | 17,708,000 | 18,156,000 | 17,872,000 |