Call reports 2024
MARATHON BANK — 2024
What MARATHON 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 | 227,185,000 | 220,764,000 | 216,166,000 | 217,724,000 |
| Total loans | 193,400,000 | 184,944,000 | 177,501,000 | 178,384,000 |
| Allowance for loan losses | 1,875,000 | 1,904,000 | 1,752,000 | 1,764,000 |
| Securities available for sale | 6,919,000 | 6,607,000 | 6,600,000 | 6,243,000 |
| Securities held to maturity | 511,000 | 510,000 | 501,000 | 500,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 173,346,000 | 176,921,000 | 174,510,000 | 174,952,000 |
| Interest-bearing deposits | 148,685,000 | 150,426,000 | 150,543,000 | 151,491,000 |
| Noninterest-bearing deposits | 24,661,000 | 26,495,000 | 23,967,000 | 23,461,000 |
| Equity capital | 28,450,000 | 28,627,000 | 28,965,000 | 29,087,000 |
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 | 2,321,000 | 4,623,000 | 6,936,000 | 9,202,000 |
| Interest expense | 923,000 | 1,845,000 | 2,744,000 | 3,611,000 |
| Net interest income | 1,398,000 | 2,778,000 | 4,192,000 | 5,591,000 |
| Noninterest income | -766,000 | -571,000 | -356,000 | -153,000 |
| Noninterest expense | 1,584,000 | 3,071,000 | 4,635,000 | 6,145,000 |
| Provision for loan losses | -122,000 | -96,000 | -251,000 | -243,000 |
| Pretax income | -830,000 | -768,000 | -548,000 | -464,000 |
| Income tax | -198,000 | -226,000 | -184,000 | -176,000 |
| Net income | -632,000 | -542,000 | -364,000 | -288,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,240,000 | 29,380,000 | 29,606,000 | 29,722,000 |