Call reports 2024
ITS BANK — 2024
What ITS 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 | 10,254,000 | 34,011,000 | 33,147,000 | 29,045,000 |
| Total loans | 0 | 0 | 0 | 0 |
| Allowance for loan losses | 0 | 0 | 0 | 0 |
| Securities available for sale | 6,599,000 | 13,072,000 | 28,400,000 | 26,522,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 500,000 | 500,000 | 500,000 | 500,000 |
| Interest-bearing deposits | 500,000 | 500,000 | 500,000 | 500,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 9,706,000 | 27,586,000 | 28,392,000 | 28,027,000 |
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 | 185,000 | 377,000 | 707,000 | 1,084,000 |
| Interest expense | 4,000 | 8,000 | 14,000 | 20,000 |
| Net interest income | 181,000 | 369,000 | 693,000 | 1,064,000 |
| Noninterest income | 87,000 | 185,000 | 286,000 | 385,000 |
| Noninterest expense | 60,000 | 122,000 | 190,000 | 250,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 208,000 | 24,216,000 | 24,748,000 | 25,151,000 |
| Income tax | 53,000 | 6,175,000 | 6,315,000 | 6,418,000 |
| Net income | 155,000 | 18,041,000 | 18,433,000 | 18,733,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,776,000 | 27,663,000 | 28,054,000 | 28,354,000 |