Call reports 2024
EXCHANGE STATE BANK — 2024
What EXCHANGE 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 | 93,381,000 | 96,909,000 | 98,492,000 | 100,964,000 |
| Total loans | 52,016,000 | 54,298,000 | 57,166,000 | 57,441,000 |
| Allowance for loan losses | 786,000 | 803,000 | 812,000 | 826,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 24,236,000 | 24,483,000 | 23,570,000 | 23,778,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,512,000 | 78,455,000 | 83,531,000 | 86,282,000 |
| Interest-bearing deposits | 68,533,000 | 68,788,000 | 70,234,000 | 72,342,000 |
| Noninterest-bearing deposits | 9,979,000 | 9,667,000 | 13,297,000 | 13,940,000 |
| Equity capital | 9,767,000 | 9,906,000 | 10,099,000 | 10,329,000 |
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 | 1,100,000 | 2,259,000 | 3,483,000 | 4,758,000 |
| Interest expense | 355,000 | 773,000 | 1,222,000 | 1,661,000 |
| Net interest income | 745,000 | 1,486,000 | 2,261,000 | 3,097,000 |
| Noninterest income | 51,000 | 104,000 | 159,000 | 246,000 |
| Noninterest expense | 530,000 | 1,101,000 | 1,633,000 | 2,215,000 |
| Provision for loan losses | 15,000 | 30,000 | 36,000 | 49,000 |
| Pretax income | 251,000 | 459,000 | 742,000 | 1,071,000 |
| Income tax | 47,000 | 91,000 | 156,000 | 230,000 |
| Net income | 204,000 | 368,000 | 586,000 | 841,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,767,000 | 9,906,000 | 10,099,000 | 10,329,000 |