Call reports 2024
STATE NATIONAL BANK OF GROOM, THE — 2024
What STATE NATIONAL BANK OF GROOM, THE 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 | 42,900,000 | 43,810,000 | 49,007,000 | 51,931,000 |
| Total loans | 23,382,000 | 31,202,000 | 33,541,000 | 37,899,000 |
| Allowance for loan losses | 229,000 | 372,000 | 416,000 | 555,000 |
| Securities available for sale | 4,823,000 | 2,866,000 | 2,934,000 | 2,930,000 |
| Securities held to maturity | 2,763,000 | 2,747,000 | 2,432,000 | 2,418,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,562,000 | 34,752,000 | 36,028,000 | 43,441,000 |
| Interest-bearing deposits | 26,662,000 | 27,669,000 | 29,022,000 | 35,250,000 |
| Noninterest-bearing deposits | 6,900,000 | 7,083,000 | 7,006,000 | 8,191,000 |
| Equity capital | 9,159,000 | 8,913,000 | 8,862,000 | 8,401,000 |
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 | 691,000 | 1,364,000 | 2,130,000 | 3,028,000 |
| Interest expense | 225,000 | 465,000 | 711,000 | 1,049,000 |
| Net interest income | 466,000 | 899,000 | 1,419,000 | 1,979,000 |
| Noninterest income | 23,000 | 47,000 | 73,000 | 96,000 |
| Noninterest expense | 597,000 | 1,196,000 | 1,816,000 | 2,403,000 |
| Provision for loan losses | 0 | 144,000 | 187,000 | 331,000 |
| Pretax income | -108,000 | -394,000 | -511,000 | -664,000 |
| Income tax | 0 | 0 | 0 | -124,000 |
| Net income | -108,000 | -394,000 | -511,000 | -540,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,404,000 | 9,119,000 | 9,000,000 | 8,514,000 |
| Total capital | 9,633,000 | 9,491,000 | 9,416,000 | 9,054,000 |
| Risk-weighted assets | 27,473,000 | 33,590,000 | 38,040,000 | 43,070,000 |