Call reports 2024
CORN GROWERS STATE BANK — 2024
What CORN GROWERS 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 | 37,864,000 | 38,360,000 | 38,208,000 | 35,356,000 |
| Total loans | 20,925,000 | 21,806,000 | 22,953,000 | 22,463,000 |
| Allowance for loan losses | 253,000 | 227,000 | 227,000 | 227,000 |
| Securities available for sale | 12,398,000 | 12,500,000 | 11,811,000 | 9,723,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,612,000 | 30,857,000 | 31,756,000 | 31,022,000 |
| Interest-bearing deposits | 20,819,000 | 21,231,000 | 21,753,000 | 21,248,000 |
| Noninterest-bearing deposits | 9,793,000 | 9,626,000 | 10,003,000 | 9,774,000 |
| Equity capital | 2,062,000 | 2,202,000 | 2,413,000 | 2,478,000 |
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 | 383,000 | 795,000 | 1,245,000 | 1,681,000 |
| Interest expense | 104,000 | 231,000 | 369,000 | 501,000 |
| Net interest income | 279,000 | 564,000 | 876,000 | 1,180,000 |
| Noninterest income | 21,000 | 61,000 | 94,000 | 138,000 |
| Noninterest expense | 285,000 | 551,000 | 803,000 | 1,058,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 15,000 | 74,000 | 167,000 | 260,000 |
| Income tax | 11,000 | 11,000 | 61,000 | 61,000 |
| Net income | 4,000 | 63,000 | 106,000 | 199,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,684,000 | 2,743,000 | 2,787,000 | 2,880,000 |
| Total capital | 2,921,000 | 2,970,000 | 3,014,000 | 3,107,000 |
| Risk-weighted assets | 18,973,000 | 19,209,000 | 20,349,000 | 19,418,000 |