Call reports 2024
IOWA STATE BANK — 2024
What IOWA 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 | 1,131,236,000 | 1,186,450,000 | 1,181,033,000 | 1,161,504,000 |
| Total loans | 770,827,000 | 791,492,000 | 794,251,000 | 794,262,000 |
| Allowance for loan losses | 8,248,000 | 8,545,000 | 8,986,000 | 9,284,000 |
| Securities available for sale | 283,887,000 | 301,469,000 | 303,855,000 | 286,491,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 814,098,000 | 838,882,000 | 824,035,000 | 888,352,000 |
| Interest-bearing deposits | 691,545,000 | 711,847,000 | 700,901,000 | 752,554,000 |
| Noninterest-bearing deposits | 122,553,000 | 127,035,000 | 123,134,000 | 135,798,000 |
| Equity capital | 98,369,000 | 103,136,000 | 109,006,000 | 107,204,000 |
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 | 14,567,000 | 31,005,000 | 47,628,000 | 63,753,000 |
| Interest expense | 6,116,000 | 13,712,000 | 21,864,000 | 29,200,000 |
| Net interest income | 8,451,000 | 17,293,000 | 25,764,000 | 34,553,000 |
| Noninterest income | 912,000 | 2,083,000 | 3,360,000 | 4,867,000 |
| Noninterest expense | 4,859,000 | 9,574,000 | 14,715,000 | 20,149,000 |
| Provision for loan losses | 225,000 | 525,000 | 975,000 | 1,425,000 |
| Pretax income | 4,460,000 | 9,458,000 | 13,615,000 | 18,027,000 |
| Income tax | 984,000 | 2,108,000 | 3,032,000 | 4,090,000 |
| Net income | 3,476,000 | 7,350,000 | 10,583,000 | 13,937,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 120,637,000 | 124,541,000 | 125,339,000 | 128,715,000 |