Call reports 2024
FIRST NATIONAL BANK OF LACON — 2024
What FIRST NATIONAL BANK OF LACON 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 | 85,225,000 | 100,552,000 | 94,801,000 | 100,411,000 |
| Total loans | 59,130,000 | 59,936,000 | 60,048,000 | 59,344,000 |
| Allowance for loan losses | 412,000 | 438,000 | 422,000 | 426,000 |
| Securities available for sale | 20,746,000 | 20,882,000 | 22,435,000 | 22,204,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,708,000 | 92,988,000 | 87,460,000 | 93,463,000 |
| Interest-bearing deposits | 63,050,000 | 78,978,000 | 74,237,000 | 70,985,000 |
| Noninterest-bearing deposits | 14,658,000 | 14,010,000 | 13,223,000 | 22,478,000 |
| Equity capital | 5,404,000 | 6,368,000 | 7,085,000 | 6,892,000 |
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 | 943,000 | 2,017,000 | 3,112,000 | 4,200,000 |
| Interest expense | 203,000 | 448,000 | 684,000 | 917,000 |
| Net interest income | 740,000 | 1,569,000 | 2,428,000 | 3,283,000 |
| Noninterest income | 14,000 | 27,000 | 41,000 | 74,000 |
| Noninterest expense | 544,000 | 1,140,000 | 1,713,000 | 2,293,000 |
| Provision for loan losses | 0 | 25,000 | 25,000 | 50,000 |
| Pretax income | 210,000 | 431,000 | 731,000 | 1,014,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 210,000 | 431,000 | 731,000 | 1,014,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,109,000 | 7,940,000 | 8,060,000 | 8,103,000 |
| Total capital | 7,521,000 | 8,378,000 | 8,482,000 | 8,529,000 |
| Risk-weighted assets | 58,256,000 | 66,246,000 | 65,575,000 | 66,096,000 |