Call reports 2024
PHILO EXCHANGE BANK — 2024
What PHILO EXCHANGE 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 | 129,566,000 | 133,239,000 | 134,098,000 | 139,368,000 |
| Total loans | 80,624,000 | 82,891,000 | 87,091,000 | 86,472,000 |
| Allowance for loan losses | 774,000 | 776,000 | 784,000 | 791,000 |
| Securities available for sale | 38,942,000 | 36,666,000 | 35,722,000 | 41,667,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 117,032,000 | 107,675,000 | 107,288,000 | 106,269,000 |
| Interest-bearing deposits | 79,301,000 | 73,437,000 | 74,700,000 | 70,868,000 |
| Noninterest-bearing deposits | 37,731,000 | 34,238,000 | 32,588,000 | 35,401,000 |
| Equity capital | 11,548,000 | 11,852,000 | 13,021,000 | 12,734,000 |
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 | 1,227,000 | 2,544,000 | 3,963,000 | 5,407,000 |
| Interest expense | 187,000 | 491,000 | 905,000 | 1,325,000 |
| Net interest income | 1,040,000 | 2,053,000 | 3,058,000 | 4,082,000 |
| Noninterest income | 67,000 | 132,000 | 215,000 | 294,000 |
| Noninterest expense | 874,000 | 1,705,000 | 2,584,000 | 3,383,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 233,000 | 480,000 | 689,000 | 993,000 |
| Income tax | 0 | 11,000 | 13,000 | 14,000 |
| Net income | 233,000 | 469,000 | 676,000 | 979,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,595,000 | 13,778,000 | 13,962,000 | 14,265,000 |
| Total capital | 14,369,000 | 14,554,000 | 14,746,000 | 15,056,000 |
| Risk-weighted assets | 88,809,000 | 90,796,000 | 90,602,000 | 95,453,000 |