Call reports 2024
BUFFALO FEDERAL BANK — 2024
What BUFFALO FEDERAL 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 | 186,453,000 | 183,703,000 | 188,406,000 | 193,447,000 |
| Total loans | 136,531,000 | 138,686,000 | 137,552,000 | 137,548,000 |
| Allowance for loan losses | 2,512,000 | 2,562,000 | 2,554,000 | 2,551,000 |
| Securities available for sale | 22,224,000 | 22,232,000 | 23,401,000 | 22,325,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 161,157,000 | 159,897,000 | 163,098,000 | 169,292,000 |
| Interest-bearing deposits | 134,192,000 | 134,114,000 | 136,014,000 | 141,029,000 |
| Noninterest-bearing deposits | 26,966,000 | 25,783,000 | 27,085,000 | 28,263,000 |
| Equity capital | 13,911,000 | 14,282,000 | 15,624,000 | 14,657,000 |
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 | 2,494,000 | 5,081,000 | 7,688,000 | 10,386,000 |
| Interest expense | 903,000 | 1,816,000 | 2,722,000 | 3,661,000 |
| Net interest income | 1,591,000 | 3,265,000 | 4,966,000 | 6,725,000 |
| Noninterest income | 307,000 | 566,000 | 771,000 | 1,018,000 |
| Noninterest expense | 1,350,000 | 2,713,000 | 4,041,000 | 5,427,000 |
| Provision for loan losses | 40,000 | 90,000 | 90,000 | 90,000 |
| Pretax income | 508,000 | 1,016,000 | 1,594,000 | 2,214,000 |
| Income tax | 99,000 | 197,000 | 310,000 | 432,000 |
| Net income | 409,000 | 819,000 | 1,284,000 | 1,782,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,429,000 | 18,788,000 | 19,203,000 | 19,082,000 |