Call reports 2024
FAIRFAX STATE SAVINGS BANK — 2024
What FAIRFAX STATE SAVINGS 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 | 284,130,000 | 270,106,000 | 273,868,000 | 257,422,000 |
| Total loans | 149,646,000 | 151,260,000 | 148,302,000 | 152,900,000 |
| Allowance for loan losses | 1,971,000 | 1,977,000 | 1,662,000 | 1,668,000 |
| Securities available for sale | 84,142,000 | 82,542,000 | 86,164,000 | 85,070,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 219,919,000 | 215,441,000 | 216,369,000 | 219,335,000 |
| Interest-bearing deposits | 185,017,000 | 179,308,000 | 181,610,000 | 182,141,000 |
| Noninterest-bearing deposits | 34,902,000 | 36,133,000 | 34,759,000 | 37,194,000 |
| Equity capital | 12,588,000 | 11,977,000 | 15,273,000 | 12,895,000 |
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 | 3,096,000 | 6,246,000 | 9,506,000 | 12,768,000 |
| Interest expense | 1,835,000 | 3,771,000 | 5,726,000 | 7,489,000 |
| Net interest income | 1,261,000 | 2,475,000 | 3,780,000 | 5,279,000 |
| Noninterest income | 155,000 | 336,000 | 499,000 | 621,000 |
| Noninterest expense | 1,190,000 | 2,393,000 | 3,659,000 | 4,949,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 226,000 | 418,000 | 620,000 | 1,008,000 |
| Income tax | -6,000 | 3,000 | 12,000 | 28,000 |
| Net income | 232,000 | 415,000 | 608,000 | 980,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,981,000 | 26,265,000 | 26,403,000 | 26,645,000 |