Call reports 2024
ADRIAN STATE BANK — 2024
What ADRIAN 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 | 59,411,000 | 56,613,000 | 57,777,000 | 58,531,000 |
| Total loans | 39,431,000 | 39,986,000 | 40,020,000 | 40,553,000 |
| Allowance for loan losses | 624,000 | 624,000 | 595,000 | 624,000 |
| Securities available for sale | 7,915,000 | 7,049,000 | 7,131,000 | 6,495,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,174,000 | 45,525,000 | 48,907,000 | 52,278,000 |
| Interest-bearing deposits | 31,110,000 | 30,822,000 | 31,145,000 | 32,637,000 |
| Noninterest-bearing deposits | 20,064,000 | 14,703,000 | 17,762,000 | 19,641,000 |
| Equity capital | 5,975,000 | 5,806,000 | 6,006,000 | 5,955,000 |
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 | 698,000 | 1,393,000 | 2,084,000 | 2,831,000 |
| Interest expense | 181,000 | 373,000 | 628,000 | 831,000 |
| Net interest income | 517,000 | 1,020,000 | 1,456,000 | 2,000,000 |
| Noninterest income | 22,000 | 48,000 | 69,000 | 138,000 |
| Noninterest expense | 363,000 | 688,000 | 1,027,000 | 1,496,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 176,000 | 380,000 | 498,000 | 642,000 |
| Income tax | 0 | 33,000 | 53,000 | 50,000 |
| Net income | 176,000 | 347,000 | 445,000 | 592,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,373,000 | 6,170,000 | 6,207,000 | 6,189,000 |