Call reports 2024
LIBERTY BANK MINNESOTA — 2024
What LIBERTY BANK MINNESOTA 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 | 269,600,000 | 271,375,000 | 274,662,000 | 265,567,000 |
| Total loans | 135,238,000 | 142,158,000 | 143,697,000 | 142,974,000 |
| Allowance for loan losses | 1,375,000 | 1,383,000 | 1,384,000 | 1,380,000 |
| Securities available for sale | 99,114,000 | 97,409,000 | 98,898,000 | 91,980,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 249,764,000 | 236,703,000 | 248,865,000 | 243,309,000 |
| Interest-bearing deposits | 199,678,000 | 192,878,000 | 197,415,000 | 199,786,000 |
| Noninterest-bearing deposits | 50,086,000 | 43,825,000 | 51,450,000 | 43,523,000 |
| Equity capital | 18,869,000 | 20,275,000 | 24,941,000 | 20,774,000 |
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 | 2,179,000 | 4,481,000 | 6,827,000 | 9,210,000 |
| Interest expense | 407,000 | 875,000 | 1,367,000 | 1,837,000 |
| Net interest income | 1,772,000 | 3,606,000 | 5,460,000 | 7,373,000 |
| Noninterest income | 558,000 | 1,414,000 | 2,246,000 | 3,175,000 |
| Noninterest expense | 1,999,000 | 4,052,000 | 6,110,000 | 8,232,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 325,000 | 962,000 | 1,590,000 | 2,310,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 325,000 | 962,000 | 1,590,000 | 2,310,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,066,000 | 37,587,000 | 37,977,000 | 38,262,000 |
| Total capital | 38,492,000 | 39,022,000 | 39,413,000 | 39,694,000 |
| Risk-weighted assets | 149,074,000 | 152,911,000 | 153,356,000 | 152,493,000 |