Call reports 2024
BANK OF MEAD — 2024
What BANK OF MEAD 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 | 35,416,000 | 36,269,000 | 36,476,000 | 35,725,000 |
| Total loans | 15,202,000 | 15,957,000 | 16,544,000 | 16,358,000 |
| Allowance for loan losses | 467,000 | 462,000 | 467,000 | 476,000 |
| Securities available for sale | 3,743,000 | 3,754,000 | 3,823,000 | 4,102,000 |
| Securities held to maturity | 9,810,000 | 9,807,000 | 9,802,000 | 9,753,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,897,000 | 32,669,000 | 32,715,000 | 32,114,000 |
| Interest-bearing deposits | 25,699,000 | 26,921,000 | 26,394,000 | 24,685,000 |
| Noninterest-bearing deposits | 6,198,000 | 5,748,000 | 6,321,000 | 7,429,000 |
| Equity capital | 3,420,000 | 3,506,000 | 3,652,000 | 3,511,000 |
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 | 313,000 | 655,000 | 1,005,000 | 1,364,000 |
| Interest expense | 93,000 | 195,000 | 305,000 | 412,000 |
| Net interest income | 220,000 | 460,000 | 700,000 | 952,000 |
| Noninterest income | 15,000 | 30,000 | 45,000 | 60,000 |
| Noninterest expense | 173,000 | 342,000 | 506,000 | 690,000 |
| Provision for loan losses | -6,000 | -12,000 | -7,000 | 1,000 |
| Pretax income | 62,000 | 148,000 | 236,000 | 320,000 |
| Income tax | 11,000 | 24,000 | 45,000 | 66,000 |
| Net income | 51,000 | 124,000 | 191,000 | 254,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,635,000 | 3,708,000 | 3,776,000 | 3,688,000 |