Call reports 2024
FIRST NATIONAL BANK OF SAINT IGNACE, THE — 2024
What FIRST NATIONAL BANK OF SAINT IGNACE, THE 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 | 302,884,000 | 306,368,000 | 357,206,000 | 317,336,000 |
| Total loans | 90,545,000 | 89,662,000 | 89,217,000 | 91,653,000 |
| Allowance for loan losses | 904,000 | 976,000 | 939,000 | 928,000 |
| Securities available for sale | 176,417,000 | 175,998,000 | 181,163,000 | 177,712,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 291,959,000 | 297,000,000 | 343,896,000 | 305,691,000 |
| Interest-bearing deposits | 220,301,000 | 217,673,000 | 242,931,000 | 229,210,000 |
| Noninterest-bearing deposits | 71,658,000 | 79,327,000 | 100,965,000 | 76,481,000 |
| Equity capital | 6,424,000 | 7,439,000 | 11,876,000 | 10,464,000 |
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 | 2,212,000 | 4,547,000 | 7,063,000 | 9,701,000 |
| Interest expense | 835,000 | 1,714,000 | 2,664,000 | 3,576,000 |
| Net interest income | 1,377,000 | 2,833,000 | 4,399,000 | 6,125,000 |
| Noninterest income | 307,000 | 5,492,000 | 5,920,000 | 6,271,000 |
| Noninterest expense | 1,786,000 | 3,741,000 | 5,759,000 | 7,490,000 |
| Provision for loan losses | 0 | 62,000 | 62,000 | 77,000 |
| Pretax income | -505,000 | 4,119,000 | 4,096,000 | 4,427,000 |
| Income tax | -148,000 | 847,000 | 830,000 | 841,000 |
| Net income | -357,000 | 3,272,000 | 3,266,000 | 3,586,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,171,000 | 23,752,000 | 23,698,000 | 23,994,000 |
| Total capital | 21,075,000 | 24,728,000 | 24,637,000 | 24,921,000 |
| Risk-weighted assets | 145,845,000 | 142,950,000 | 143,895,000 | 144,150,000 |