Call reports 2024
FIRST AMERICAN STATE BANK — 2024
What FIRST AMERICAN 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 | 289,471,000 | 287,563,000 | 292,297,000 | 293,687,000 |
| Total loans | 211,025,000 | 207,967,000 | 212,027,000 | 212,560,000 |
| Allowance for loan losses | 1,853,000 | 1,838,000 | 1,837,000 | 1,842,000 |
| Securities available for sale | 39,965,000 | 41,054,000 | 38,207,000 | 40,248,000 |
| Securities held to maturity | 30,500,000 | 30,076,000 | 29,802,000 | 29,798,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 208,152,000 | 195,089,000 | 195,047,000 | 193,541,000 |
| Interest-bearing deposits | 175,401,000 | 164,158,000 | 160,998,000 | 163,466,000 |
| Noninterest-bearing deposits | 32,751,000 | 30,931,000 | 34,049,000 | 30,075,000 |
| Equity capital | 26,112,000 | 26,335,000 | 26,413,000 | 24,530,000 |
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 | 3,889,000 | 7,825,000 | 11,861,000 | 15,872,000 |
| Interest expense | 2,250,000 | 4,522,000 | 6,787,000 | 9,002,000 |
| Net interest income | 1,639,000 | 3,303,000 | 5,074,000 | 6,870,000 |
| Noninterest income | 36,000 | 71,000 | 105,000 | 137,000 |
| Noninterest expense | 1,546,000 | 3,057,000 | 4,616,000 | 6,074,000 |
| Provision for loan losses | 0 | -15,000 | -16,000 | -11,000 |
| Pretax income | 129,000 | 317,000 | 563,000 | 35,000 |
| Income tax | -9,000 | -16,000 | -10,000 | -193,000 |
| Net income | 138,000 | 333,000 | 573,000 | 228,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,325,000 | 26,520,000 | 26,460,000 | 25,816,000 |
| Total capital | 28,237,000 | 28,433,000 | 28,373,000 | 28,261,000 |
| Risk-weighted assets | 198,766,000 | 200,584,000 | 199,257,000 | 195,214,000 |