Call reports 2024
WEST IOWA BANK — 2024
What WEST IOWA 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 | 174,961,000 | 179,004,000 | 173,544,000 | 171,079,000 |
| Total loans | 99,499,000 | 98,059,000 | 92,527,000 | 92,302,000 |
| Allowance for loan losses | 1,241,000 | 1,240,000 | 1,242,000 | 1,245,000 |
| Securities available for sale | 65,307,000 | 63,092,000 | 63,936,000 | 62,767,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 136,801,000 | 142,325,000 | 138,784,000 | 137,097,000 |
| Interest-bearing deposits | 105,670,000 | 111,898,000 | 109,764,000 | 105,450,000 |
| Noninterest-bearing deposits | 31,131,000 | 30,427,000 | 29,020,000 | 31,647,000 |
| Equity capital | 21,516,000 | 21,902,000 | 23,962,000 | 23,552,000 |
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 | 2,022,000 | 4,139,000 | 6,287,000 | 8,244,000 |
| Interest expense | 665,000 | 1,404,000 | 2,191,000 | 2,864,000 |
| Net interest income | 1,357,000 | 2,735,000 | 4,096,000 | 5,380,000 |
| Noninterest income | 73,000 | 142,000 | 216,000 | 292,000 |
| Noninterest expense | 757,000 | 1,503,000 | 2,253,000 | 2,999,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 673,000 | 1,374,000 | 2,059,000 | 2,673,000 |
| Income tax | 135,000 | 278,000 | 411,000 | 531,000 |
| Net income | 538,000 | 1,096,000 | 1,648,000 | 2,142,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,955,000 | 25,512,000 | 26,064,000 | 26,558,000 |