Call reports 2024
SHARON BANK — 2024
What SHARON 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 | 173,160,000 | 172,636,000 | 163,963,000 | 164,604,000 |
| Total loans | 123,267,000 | 127,181,000 | 125,450,000 | 127,546,000 |
| Allowance for loan losses | 1,117,000 | 1,266,000 | 1,232,000 | 1,244,000 |
| Securities available for sale | 23,054,000 | 21,119,000 | 21,335,000 | 21,323,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 147,561,000 | 148,736,000 | 140,552,000 | 136,688,000 |
| Interest-bearing deposits | 134,821,000 | 135,738,000 | 128,918,000 | 125,585,000 |
| Noninterest-bearing deposits | 12,740,000 | 12,998,000 | 11,634,000 | 11,103,000 |
| Equity capital | 15,803,000 | 15,742,000 | 15,811,000 | 15,723,000 |
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 | 2,030,000 | 4,230,000 | 6,297,000 | 8,367,000 |
| Interest expense | 865,000 | 1,739,000 | 2,575,000 | 3,418,000 |
| Net interest income | 1,165,000 | 2,491,000 | 3,722,000 | 4,949,000 |
| Noninterest income | 115,000 | 233,000 | 357,000 | 536,000 |
| Noninterest expense | 1,598,000 | 3,052,000 | 4,528,000 | 5,926,000 |
| Provision for loan losses | -8,000 | 141,000 | 107,000 | 119,000 |
| Pretax income | -305,000 | -429,000 | -544,000 | -628,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -305,000 | -429,000 | -544,000 | -628,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,484,000 | 16,319,000 | 16,162,000 | 16,035,000 |