Call reports 2024
STATE BANK — 2024
What 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 | 380,511,000 | 384,034,000 | 384,993,000 | 381,412,000 |
| Total loans | 294,205,000 | 293,405,000 | 281,983,000 | 290,513,000 |
| Allowance for loan losses | 3,180,000 | 3,223,000 | 3,262,000 | 3,091,000 |
| Securities available for sale | 72,286,000 | 75,103,000 | 77,922,000 | 74,619,000 |
| Securities held to maturity | 3,097,000 | 3,097,000 | 3,097,000 | 2,741,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 328,363,000 | 324,035,000 | 321,729,000 | 318,277,000 |
| Interest-bearing deposits | 286,621,000 | 280,283,000 | 273,086,000 | 267,406,000 |
| Noninterest-bearing deposits | 41,742,000 | 43,752,000 | 48,643,000 | 50,871,000 |
| Equity capital | 31,357,000 | 32,319,000 | 34,573,000 | 33,638,000 |
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 | 4,928,000 | 9,964,000 | 14,956,000 | 19,967,000 |
| Interest expense | 2,223,000 | 4,447,000 | 6,767,000 | 8,785,000 |
| Net interest income | 2,705,000 | 5,517,000 | 8,189,000 | 11,182,000 |
| Noninterest income | 319,000 | 618,000 | 931,000 | 1,397,000 |
| Noninterest expense | 1,589,000 | 3,202,000 | 4,877,000 | 6,612,000 |
| Provision for loan losses | 49,000 | 91,000 | 130,000 | -6,000 |
| Pretax income | 1,412,000 | 2,880,000 | 4,170,000 | 5,894,000 |
| Income tax | 379,000 | 766,000 | 1,096,000 | 1,550,000 |
| Net income | 1,033,000 | 2,114,000 | 3,074,000 | 4,344,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,741,000 | 39,292,000 | 39,692,000 | 40,402,000 |