Call reports 2024
LOGAN COUNTY BANK — 2024
What LOGAN COUNTY 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 | 108,771,000 | 109,494,000 | 111,187,000 | 111,822,000 |
| Total loans | 61,531,000 | 62,751,000 | 64,680,000 | 66,138,000 |
| Allowance for loan losses | 657,000 | 688,000 | 708,000 | 748,000 |
| Securities available for sale | 34,811,000 | 32,445,000 | 32,643,000 | 33,125,000 |
| Securities held to maturity | 1,914,000 | 1,915,000 | 1,915,000 | 1,915,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 91,539,000 | 92,257,000 | 93,284,000 | 94,117,000 |
| Interest-bearing deposits | 70,481,000 | 71,177,000 | 72,130,000 | 75,938,000 |
| Noninterest-bearing deposits | 21,058,000 | 21,080,000 | 21,154,000 | 18,179,000 |
| Equity capital | 17,095,000 | 17,110,000 | 17,771,000 | 17,563,000 |
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 | 1,071,000 | 2,201,000 | 3,398,000 | 4,635,000 |
| Interest expense | 503,000 | 1,054,000 | 1,630,000 | 2,207,000 |
| Net interest income | 568,000 | 1,147,000 | 1,768,000 | 2,428,000 |
| Noninterest income | 34,000 | 62,000 | 94,000 | 64,000 |
| Noninterest expense | 429,000 | 855,000 | 1,332,000 | 1,799,000 |
| Provision for loan losses | 0 | 81,000 | 111,000 | 144,000 |
| Pretax income | 173,000 | 273,000 | 419,000 | 549,000 |
| Income tax | 22,000 | 41,000 | 61,000 | 59,000 |
| Net income | 151,000 | 232,000 | 358,000 | 490,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,083,000 | 19,104,000 | 19,170,000 | 19,243,000 |
| Total capital | 19,740,000 | 19,792,000 | 19,878,000 | 19,991,000 |
| Risk-weighted assets | 62,983,000 | 63,600,000 | 64,523,000 | 65,343,000 |