Call reports 2024
STATE BANK OF SCOTIA — 2024
What STATE BANK OF SCOTIA 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 | 63,274,000 | 59,163,000 | 60,306,000 | 57,969,000 |
| Total loans | 35,391,000 | 35,074,000 | 35,006,000 | 32,938,000 |
| Allowance for loan losses | 960,000 | 1,010,000 | 785,000 | 851,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 17,179,000 | 17,301,000 | 17,201,000 | 16,973,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,072,000 | 46,785,000 | 47,671,000 | 45,563,000 |
| Interest-bearing deposits | 43,396,000 | 39,400,000 | 40,551,000 | 38,803,000 |
| Noninterest-bearing deposits | 7,676,000 | 7,385,000 | 7,120,000 | 6,760,000 |
| Equity capital | 12,086,000 | 12,166,000 | 12,316,000 | 12,131,000 |
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 | 736,000 | 1,545,000 | 2,306,000 | 3,055,000 |
| Interest expense | 327,000 | 621,000 | 918,000 | 1,225,000 |
| Net interest income | 409,000 | 924,000 | 1,388,000 | 1,830,000 |
| Noninterest income | 26,000 | 55,000 | 83,000 | 119,000 |
| Noninterest expense | 270,000 | 516,000 | 758,000 | 1,288,000 |
| Provision for loan losses | 50,000 | 100,000 | 150,000 | 200,000 |
| Pretax income | 115,000 | 363,000 | 563,000 | 461,000 |
| Income tax | 10,000 | 65,000 | 115,000 | 85,000 |
| Net income | 105,000 | 298,000 | 448,000 | 376,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,086,000 | 12,166,000 | 12,316,000 | 12,131,000 |
| Total capital | 12,625,000 | 12,703,000 | 12,848,000 | 12,640,000 |
| Risk-weighted assets | 42,156,000 | 41,933,000 | 41,776,000 | 40,353,000 |