Call reports 2024
PEOPLES STATE BANK, FAIRMOUNT, NORTH DAKOTA — 2024
What PEOPLES STATE BANK, FAIRMOUNT, NORTH DAKOTA 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 | 39,288,000 | 34,681,000 | 36,189,000 | 35,321,000 |
| Total loans | 22,378,000 | 23,130,000 | 22,785,000 | 22,800,000 |
| Allowance for loan losses | 235,000 | 236,000 | 236,000 | 235,000 |
| Securities available for sale | 7,228,000 | 8,104,000 | 8,040,000 | 7,818,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,166,000 | 32,524,000 | 33,710,000 | 33,164,000 |
| Interest-bearing deposits | 23,373,000 | 23,685,000 | 24,173,000 | 22,282,000 |
| Noninterest-bearing deposits | 13,793,000 | 8,839,000 | 9,537,000 | 10,882,000 |
| Equity capital | 1,915,000 | 2,048,000 | 2,341,000 | 2,054,000 |
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 | 442,000 | 918,000 | 1,378,000 | 1,859,000 |
| Interest expense | 116,000 | 248,000 | 377,000 | 507,000 |
| Net interest income | 326,000 | 670,000 | 1,001,000 | 1,352,000 |
| Noninterest income | 8,000 | 17,000 | 24,000 | 32,000 |
| Noninterest expense | 216,000 | 488,000 | 767,000 | 1,116,000 |
| Provision for loan losses | 0 | 0 | 0 | 11,000 |
| Pretax income | 118,000 | 199,000 | 258,000 | 257,000 |
| Income tax | 28,000 | 47,000 | 62,000 | 62,000 |
| Net income | 90,000 | 152,000 | 196,000 | 195,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,824,000 | 2,876,000 | 2,914,000 | 2,899,000 |
| Total capital | 3,059,000 | 3,111,000 | 3,149,000 | 3,134,000 |
| Risk-weighted assets | 24,945,000 | 24,311,000 | 23,828,000 | 23,911,000 |