Call reports 2024
FIRSTOAK BANK — 2024
What FIRSTOAK 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 | 240,226,000 | 233,943,000 | 232,219,000 | 241,279,000 |
| Total loans | 194,176,000 | 190,843,000 | 187,468,000 | 193,314,000 |
| Allowance for loan losses | 1,753,000 | 1,763,000 | 1,783,000 | 1,783,000 |
| Securities available for sale | 16,399,000 | 16,092,000 | 17,418,000 | 17,464,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 211,565,000 | 206,509,000 | 205,256,000 | 208,603,000 |
| Interest-bearing deposits | 143,830,000 | 138,120,000 | 137,972,000 | 141,047,000 |
| Noninterest-bearing deposits | 67,735,000 | 68,389,000 | 67,284,000 | 67,556,000 |
| Equity capital | 23,755,000 | 23,306,000 | 24,140,000 | 24,457,000 |
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 | 3,480,000 | 7,140,000 | 10,776,000 | 14,447,000 |
| Interest expense | 738,000 | 1,573,000 | 2,490,000 | 3,383,000 |
| Net interest income | 2,742,000 | 5,567,000 | 8,286,000 | 11,064,000 |
| Noninterest income | 181,000 | 372,000 | 561,000 | 783,000 |
| Noninterest expense | 1,725,000 | 3,491,000 | 5,187,000 | 7,183,000 |
| Provision for loan losses | 30,000 | 40,000 | 60,000 | 60,000 |
| Pretax income | 994,000 | 2,299,000 | 3,496,000 | 4,503,000 |
| Income tax | 51,000 | 87,000 | 123,000 | 155,000 |
| Net income | 943,000 | 2,212,000 | 3,373,000 | 4,348,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,073,000 | 22,860,000 | 23,146,000 | 23,767,000 |