Call reports 2024
JERSEY STATE BANK — 2024
What JERSEY 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 | 169,808,000 | 167,464,000 | 178,403,000 | 175,703,000 |
| Total loans | 77,137,000 | 77,427,000 | 85,165,000 | 85,758,000 |
| Allowance for loan losses | 1,083,000 | 1,113,000 | 1,148,000 | 1,203,000 |
| Securities available for sale | 77,474,000 | 75,984,000 | 80,653,000 | 76,578,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 149,696,000 | 147,053,000 | 156,013,000 | 154,884,000 |
| Interest-bearing deposits | 113,597,000 | 112,026,000 | 122,551,000 | 121,996,000 |
| Noninterest-bearing deposits | 36,099,000 | 35,027,000 | 33,462,000 | 32,888,000 |
| Equity capital | 17,245,000 | 17,109,000 | 19,268,000 | 17,392,000 |
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 | 1,605,000 | 3,279,000 | 5,042,000 | 6,859,000 |
| Interest expense | 436,000 | 912,000 | 1,464,000 | 2,155,000 |
| Net interest income | 1,169,000 | 2,367,000 | 3,578,000 | 4,704,000 |
| Noninterest income | 216,000 | 441,000 | 695,000 | 938,000 |
| Noninterest expense | 958,000 | 1,957,000 | 3,019,000 | 4,048,000 |
| Provision for loan losses | 30,000 | 61,000 | 92,000 | 142,000 |
| Pretax income | 396,000 | 785,000 | 1,161,000 | 1,472,000 |
| Income tax | 57,000 | 112,000 | 163,000 | 198,000 |
| Net income | 339,000 | 673,000 | 998,000 | 1,274,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,066,000 | 25,051,000 | 25,377,000 | 25,304,000 |