Call reports 2024
STATE EXCHANGE BANK, THE — 2024
What STATE EXCHANGE BANK, THE 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 | 45,446,000 | 40,520,000 | 41,542,000 | 50,388,000 |
| Total loans | 14,190,000 | 15,917,000 | 16,812,000 | 16,250,000 |
| Allowance for loan losses | 241,000 | 245,000 | 257,000 | 254,000 |
| Securities available for sale | 21,457,000 | 21,710,000 | 21,663,000 | 20,546,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,075,000 | 37,052,000 | 37,521,000 | 46,931,000 |
| Interest-bearing deposits | 30,894,000 | 26,906,000 | 27,021,000 | 27,154,000 |
| Noninterest-bearing deposits | 11,181,000 | 10,146,000 | 10,500,000 | 19,777,000 |
| Equity capital | 3,120,000 | 3,207,000 | 3,760,000 | 3,194,000 |
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 | 489,000 | 958,000 | 1,415,000 | 1,922,000 |
| Interest expense | 138,000 | 277,000 | 424,000 | 571,000 |
| Net interest income | 351,000 | 681,000 | 991,000 | 1,351,000 |
| Noninterest income | 16,000 | 35,000 | 51,000 | 66,000 |
| Noninterest expense | 206,000 | 429,000 | 662,000 | 1,022,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 161,000 | 289,000 | 383,000 | 399,000 |
| Income tax | 4,000 | 13,000 | 16,000 | 20,000 |
| Net income | 157,000 | 276,000 | 367,000 | 379,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,452,000 | 5,571,000 | 5,539,000 | 5,551,000 |