Call reports 2024
IROQUOIS FARMERS STATE BANK — 2024
What IROQUOIS FARMERS 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 | 160,860,000 | 157,617,000 | 159,063,000 | 164,428,000 |
| Total loans | 98,290,000 | 99,526,000 | 106,421,000 | 104,946,000 |
| Allowance for loan losses | 373,000 | 383,000 | 374,000 | 395,000 |
| Securities available for sale | 48,030,000 | 44,739,000 | 39,565,000 | 43,075,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 144,672,000 | 145,173,000 | 140,431,000 | 151,163,000 |
| Interest-bearing deposits | 109,337,000 | 111,921,000 | 110,559,000 | 115,746,000 |
| Noninterest-bearing deposits | 35,335,000 | 33,252,000 | 29,872,000 | 35,417,000 |
| Equity capital | 9,756,000 | 10,372,000 | 12,216,000 | 12,300,000 |
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 | 1,592,000 | 3,226,000 | 4,903,000 | 6,720,000 |
| Interest expense | 551,000 | 1,130,000 | 1,752,000 | 2,399,000 |
| Net interest income | 1,041,000 | 2,096,000 | 3,151,000 | 4,321,000 |
| Noninterest income | 46,000 | 111,000 | 444,000 | 495,000 |
| Noninterest expense | 773,000 | 1,477,000 | 2,205,000 | 2,969,000 |
| Provision for loan losses | 0 | 10,000 | 25,000 | 48,000 |
| Pretax income | 314,000 | 599,000 | 1,046,000 | 1,462,000 |
| Income tax | -12,000 | -6,000 | 0 | 7,000 |
| Net income | 326,000 | 605,000 | 1,046,000 | 1,455,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,444,000 | 12,722,000 | 13,296,000 | 13,638,000 |
| Total capital | 12,817,000 | 13,105,000 | 13,670,000 | 14,033,000 |
| Risk-weighted assets | 114,836,000 | 108,521,000 | 120,896,000 | 115,132,000 |