Call reports 2024
SHELBY STATE BANK, THE — 2024
What SHELBY 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 | 355,557,000 | 361,633,000 | 362,029,000 | 355,248,000 |
| Total loans | 192,460,000 | 201,936,000 | 204,253,000 | 200,865,000 |
| Allowance for loan losses | 2,391,000 | 2,375,000 | 2,202,000 | 2,184,000 |
| Securities available for sale | 138,739,000 | 133,874,000 | 133,331,000 | 123,836,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 312,115,000 | 310,680,000 | 314,987,000 | 304,445,000 |
| Interest-bearing deposits | 205,424,000 | 196,291,000 | 195,428,000 | 199,091,000 |
| Noninterest-bearing deposits | 106,691,000 | 114,389,000 | 119,559,000 | 105,354,000 |
| Equity capital | 22,598,000 | 23,360,000 | 26,777,000 | 25,319,000 |
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 | 3,435,000 | 6,942,000 | 10,699,000 | 14,418,000 |
| Interest expense | 888,000 | 1,838,000 | 2,781,000 | 3,726,000 |
| Net interest income | 2,547,000 | 5,104,000 | 7,918,000 | 10,692,000 |
| Noninterest income | 802,000 | 1,548,000 | 2,480,000 | 3,291,000 |
| Noninterest expense | 2,875,000 | 5,684,000 | 8,821,000 | 11,829,000 |
| Provision for loan losses | 0 | 0 | -150,000 | -150,000 |
| Pretax income | 474,000 | 968,000 | 1,577,000 | 2,154,000 |
| Income tax | 74,000 | 167,000 | 288,000 | 401,000 |
| Net income | 400,000 | 801,000 | 1,289,000 | 1,753,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,159,000 | 32,312,000 | 32,550,000 | 32,753,000 |
| Total capital | 34,550,000 | 34,687,000 | 34,752,000 | 34,937,000 |
| Risk-weighted assets | 233,230,000 | 245,744,000 | 245,864,000 | 238,897,000 |