Call reports 2024
FORD COUNTY STATE BANK — 2024
What FORD COUNTY 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 | 52,487,000 | 56,406,000 | 56,451,000 | 59,165,000 |
| Total loans | 22,210,000 | 25,490,000 | 25,900,000 | 28,670,000 |
| Allowance for loan losses | 316,000 | 316,000 | 311,000 | 311,000 |
| Securities available for sale | 24,396,000 | 24,593,000 | 25,508,000 | 24,580,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,593,000 | 47,539,000 | 45,843,000 | 47,523,000 |
| Interest-bearing deposits | 39,937,000 | 40,054,000 | 39,069,000 | 40,162,000 |
| Noninterest-bearing deposits | 8,656,000 | 7,485,000 | 6,774,000 | 7,361,000 |
| Equity capital | 3,542,000 | 3,717,000 | 4,434,000 | 4,041,000 |
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 | 515,000 | 1,080,000 | 1,704,000 | 2,371,000 |
| Interest expense | 220,000 | 466,000 | 766,000 | 1,050,000 |
| Net interest income | 295,000 | 614,000 | 938,000 | 1,321,000 |
| Noninterest income | 20,000 | 36,000 | 51,000 | 67,000 |
| Noninterest expense | 343,000 | 632,000 | 929,000 | 1,220,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -28,000 | 18,000 | 60,000 | 168,000 |
| Income tax | -8,000 | 2,000 | 11,000 | 30,000 |
| Net income | -20,000 | 16,000 | 49,000 | 138,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,864,000 | 5,901,000 | 5,934,000 | 6,022,000 |
| Total capital | 6,180,000 | 6,217,000 | 6,245,000 | 6,333,000 |
| Risk-weighted assets | 31,094,000 | 34,729,000 | 34,556,000 | 37,574,000 |