Call reports 2024
FIRST BANK OF BANCROFT — 2024
What FIRST BANK OF BANCROFT 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 | 30,713,000 | 28,894,000 | 28,432,000 | 28,022,000 |
| Total loans | 14,669,000 | 13,386,000 | 13,862,000 | 14,885,000 |
| Allowance for loan losses | 197,000 | 198,000 | 199,000 | 201,000 |
| Securities available for sale | 11,892,000 | 11,668,000 | 11,259,000 | 10,290,000 |
| Securities held to maturity | 334,000 | 334,000 | 334,000 | 334,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,975,000 | 25,211,000 | 24,246,000 | 23,988,000 |
| Interest-bearing deposits | 21,200,000 | 21,002,000 | 20,211,000 | 19,349,000 |
| Noninterest-bearing deposits | 4,775,000 | 4,209,000 | 4,035,000 | 4,639,000 |
| Equity capital | 3,278,000 | 3,345,000 | 3,592,000 | 3,510,000 |
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 | 289,000 | 586,000 | 868,000 | 1,161,000 |
| Interest expense | 134,000 | 276,000 | 409,000 | 530,000 |
| Net interest income | 155,000 | 310,000 | 459,000 | 631,000 |
| Noninterest income | 10,000 | 21,000 | 36,000 | 51,000 |
| Noninterest expense | 147,000 | 305,000 | 444,000 | 605,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 18,000 | 26,000 | 51,000 | 77,000 |
| Income tax | 0 | 1,000 | 2,000 | 5,000 |
| Net income | 18,000 | 25,000 | 49,000 | 72,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,052,000 | 4,059,000 | 4,083,000 | 4,032,000 |