Call reports 2024
RELIANCE STATE BANK — 2024
What RELIANCE 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 | 300,741,000 | 303,101,000 | 302,331,000 | 307,455,000 |
| Total loans | 198,223,000 | 201,071,000 | 202,501,000 | 209,019,000 |
| Allowance for loan losses | 2,524,000 | 2,603,000 | 2,754,000 | 2,782,000 |
| Securities available for sale | 86,881,000 | 83,005,000 | 85,030,000 | 78,674,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 248,037,000 | 237,373,000 | 233,912,000 | 238,584,000 |
| Interest-bearing deposits | 206,169,000 | 197,361,000 | 198,502,000 | 198,509,000 |
| Noninterest-bearing deposits | 41,868,000 | 40,012,000 | 35,410,000 | 40,075,000 |
| Equity capital | 23,886,000 | 23,984,000 | 25,931,000 | 24,862,000 |
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 | 3,141,000 | 6,388,000 | 9,635,000 | 12,978,000 |
| Interest expense | 1,524,000 | 3,147,000 | 4,815,000 | 6,458,000 |
| Net interest income | 1,617,000 | 3,241,000 | 4,820,000 | 6,520,000 |
| Noninterest income | 150,000 | 298,000 | 437,000 | 593,000 |
| Noninterest expense | 1,094,000 | 2,231,000 | 3,416,000 | 4,512,000 |
| Provision for loan losses | -56,000 | 21,000 | 171,000 | 185,000 |
| Pretax income | 648,000 | 1,220,000 | 1,633,000 | 2,385,000 |
| Income tax | 142,000 | 264,000 | 349,000 | 516,000 |
| Net income | 506,000 | 956,000 | 1,284,000 | 1,869,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,076,000 | 26,045,000 | 25,946,000 | 26,237,000 |
| Total capital | 28,842,000 | 28,872,000 | 28,874,000 | 29,222,000 |
| Risk-weighted assets | 235,208,000 | 236,056,000 | 234,185,000 | 240,304,000 |