Call reports 2024
MT. VICTORY STATE BANK — 2024
What MT. VICTORY 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 | 21,317,000 | 21,584,000 | 21,829,000 | 21,387,000 |
| Total loans | 12,799,000 | 12,595,000 | 12,752,000 | 12,454,000 |
| Allowance for loan losses | 174,000 | 194,000 | 227,000 | 264,000 |
| Securities available for sale | 4,543,000 | 4,514,000 | 4,559,000 | 4,042,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,373,000 | 19,594,000 | 19,495,000 | 19,402,000 |
| Interest-bearing deposits | 13,715,000 | 13,572,000 | 13,539,000 | 13,005,000 |
| Noninterest-bearing deposits | 5,658,000 | 6,022,000 | 5,956,000 | 6,397,000 |
| Equity capital | 1,924,000 | 1,977,000 | 2,111,000 | 1,974,000 |
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 | 274,000 | 553,000 | 840,000 | 1,136,000 |
| Interest expense | 56,000 | 115,000 | 173,000 | 231,000 |
| Net interest income | 218,000 | 438,000 | 667,000 | 905,000 |
| Noninterest income | 13,000 | 26,000 | 38,000 | 50,000 |
| Noninterest expense | 152,000 | 309,000 | 454,000 | 681,000 |
| Provision for loan losses | 11,000 | 30,000 | 63,000 | 100,000 |
| Pretax income | 68,000 | 125,000 | 188,000 | 174,000 |
| Income tax | 10,000 | 23,000 | 34,000 | 37,000 |
| Net income | 58,000 | 102,000 | 154,000 | 137,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,189,000 | 2,231,000 | 2,283,000 | 2,216,000 |