Call reports 2024
KERNDT BROTHERS SAVINGS BANK — 2024
What KERNDT BROTHERS SAVINGS 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 | 377,276,000 | 350,143,000 | 355,158,000 | 352,249,000 |
| Total loans | 250,071,000 | 245,664,000 | 243,309,000 | 243,224,000 |
| Allowance for loan losses | 3,097,000 | 2,930,000 | 2,612,000 | 2,641,000 |
| Securities available for sale | 86,559,000 | 71,286,000 | 70,841,000 | 76,332,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 291,434,000 | 276,493,000 | 275,614,000 | 273,188,000 |
| Interest-bearing deposits | 248,771,000 | 236,077,000 | 234,167,000 | 230,459,000 |
| Noninterest-bearing deposits | 42,663,000 | 40,416,000 | 41,447,000 | 42,729,000 |
| Equity capital | 30,619,000 | 30,852,000 | 32,637,000 | 32,482,000 |
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 | 4,379,000 | 8,721,000 | 13,022,000 | 17,212,000 |
| Interest expense | 2,087,000 | 4,131,000 | 6,186,000 | 8,174,000 |
| Net interest income | 2,292,000 | 4,590,000 | 6,836,000 | 9,038,000 |
| Noninterest income | 347,000 | 702,000 | 1,082,000 | 1,828,000 |
| Noninterest expense | 2,051,000 | 4,091,000 | 6,253,000 | 8,528,000 |
| Provision for loan losses | 30,000 | 30,000 | 50,000 | 80,000 |
| Pretax income | 231,000 | 828,000 | 1,286,000 | 1,927,000 |
| Income tax | 8,000 | 38,000 | 65,000 | 28,000 |
| Net income | 223,000 | 790,000 | 1,221,000 | 1,899,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,981,000 | 33,229,000 | 33,375,000 | 34,063,000 |