Call reports 2024
SPRINGFIELD STATE BANK — 2024
What SPRINGFIELD 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 | 416,230,000 | 422,539,000 | 430,600,000 | 438,987,000 |
| Total loans | 270,047,000 | 277,290,000 | 284,950,000 | 300,110,000 |
| Allowance for loan losses | 2,878,000 | 2,951,000 | 3,032,000 | 3,106,000 |
| Securities available for sale | 114,474,000 | 114,917,000 | 118,006,000 | 112,367,000 |
| Securities held to maturity | 6,715,000 | 5,224,000 | 4,948,000 | 4,223,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 321,160,000 | 324,116,000 | 327,651,000 | 342,485,000 |
| Interest-bearing deposits | 246,107,000 | 245,201,000 | 254,125,000 | 262,673,000 |
| Noninterest-bearing deposits | 75,053,000 | 78,915,000 | 73,526,000 | 79,812,000 |
| Equity capital | 44,504,000 | 45,339,000 | 49,716,000 | 46,927,000 |
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 | 4,402,000 | 9,003,000 | 13,832,000 | 18,921,000 |
| Interest expense | 1,888,000 | 3,896,000 | 6,073,000 | 8,296,000 |
| Net interest income | 2,514,000 | 5,107,000 | 7,759,000 | 10,625,000 |
| Noninterest income | 383,000 | 723,000 | 1,076,000 | 2,121,000 |
| Noninterest expense | 1,816,000 | 3,704,000 | 5,730,000 | 7,736,000 |
| Provision for loan losses | 90,000 | 180,000 | 270,000 | 360,000 |
| Pretax income | 991,000 | 1,945,000 | 2,834,000 | 4,649,000 |
| Income tax | 193,000 | 357,000 | 535,000 | 1,190,000 |
| Net income | 798,000 | 1,588,000 | 2,299,000 | 3,459,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 61,633,000 | 61,903,000 | 62,614,000 | 63,238,000 |