Call reports 2024
SILVER LAKE BANK — 2024
What SILVER LAKE 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 | 460,473,000 | 489,864,000 | 465,149,000 | 456,708,000 |
| Total loans | 338,480,000 | 347,009,000 | 342,687,000 | 338,993,000 |
| Allowance for loan losses | 3,463,000 | 3,477,000 | 3,477,000 | 3,476,000 |
| Securities available for sale | 60,279,000 | 53,894,000 | 54,195,000 | 51,961,000 |
| Securities held to maturity | 11,391,000 | 13,047,000 | 16,593,000 | 29,249,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 365,953,000 | 398,345,000 | 371,295,000 | 375,410,000 |
| Interest-bearing deposits | 290,001,000 | 322,199,000 | 292,377,000 | 290,734,000 |
| Noninterest-bearing deposits | 75,952,000 | 76,146,000 | 78,918,000 | 84,676,000 |
| Equity capital | 43,403,000 | 44,693,000 | 47,027,000 | 47,694,000 |
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 | 6,635,000 | 13,704,000 | 21,013,000 | 28,183,000 |
| Interest expense | 2,564,000 | 5,361,000 | 8,314,000 | 10,937,000 |
| Net interest income | 4,071,000 | 8,343,000 | 12,699,000 | 17,246,000 |
| Noninterest income | 292,000 | 195,000 | 533,000 | 851,000 |
| Noninterest expense | 2,853,000 | 5,502,000 | 8,777,000 | 11,896,000 |
| Provision for loan losses | 110,000 | 160,000 | 160,000 | 160,000 |
| Pretax income | 1,339,000 | 2,801,000 | 4,253,000 | 5,984,000 |
| Income tax | 324,000 | 678,000 | 1,029,000 | 1,404,000 |
| Net income | 1,015,000 | 2,123,000 | 3,224,000 | 4,580,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,774,000 | 47,883,000 | 48,984,000 | 50,340,000 |