Call reports 2024
STATE BANK, THE — 2024
What STATE BANK, THE 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 | 132,471,000 | 131,014,000 | 129,255,000 | 126,279,000 |
| Total loans | 61,940,000 | 70,302,000 | 68,588,000 | 69,427,000 |
| Allowance for loan losses | 960,000 | 1,001,000 | 1,268,000 | 1,195,000 |
| Securities available for sale | 30,011,000 | 29,446,000 | 29,671,000 | 28,155,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 111,439,000 | 109,543,000 | 106,768,000 | 103,668,000 |
| Interest-bearing deposits | 75,643,000 | 76,769,000 | 71,670,000 | 66,385,000 |
| Noninterest-bearing deposits | 35,796,000 | 32,774,000 | 35,098,000 | 37,283,000 |
| Equity capital | 20,709,000 | 21,240,000 | 22,189,000 | 22,395,000 |
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 | 1,602,000 | 3,383,000 | 5,131,000 | 6,794,000 |
| Interest expense | 242,000 | 526,000 | 808,000 | 1,035,000 |
| Net interest income | 1,360,000 | 2,857,000 | 4,323,000 | 5,759,000 |
| Noninterest income | 180,000 | 339,000 | 513,000 | 662,000 |
| Noninterest expense | 805,000 | 1,754,000 | 2,649,000 | 3,582,000 |
| Provision for loan losses | 67,000 | 110,000 | 377,000 | 466,000 |
| Pretax income | 668,000 | 1,332,000 | 1,810,000 | 2,373,000 |
| Income tax | 195,000 | 364,000 | 575,000 | 523,000 |
| Net income | 473,000 | 968,000 | 1,235,000 | 1,850,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,843,000 | 23,339,000 | 23,606,000 | 24,221,000 |
| Total capital | 23,793,000 | 24,340,000 | 24,635,000 | 25,259,000 |
| Risk-weighted assets | 76,004,000 | 82,909,000 | 82,107,000 | 82,896,000 |