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Call report 2024Q3

FIRST STATE BANK OF MICHIGAN — 2024Q3

The 22 measures FIRST STATE BANK OF MICHIGAN reported to the FFIEC for 2024Q3, each linked to its source filing.

PERIOD: 2024Q3SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/dada7de2-90c9-46ff-8e95-6c4d235b9824/2024Q3

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets53,989,000USDevidence →
Total loans28,241,000USDevidence →
Allowance for loan losses377,000USDevidence →
Securities available for sale17,079,000USDevidence →
Securities held to maturity1,557,000USDevidence →
Trading assets0USDevidence →
Total deposits42,580,000USDevidence →
Interest-bearing deposits35,463,000USDevidence →
Noninterest-bearing deposits7,117,000USDevidence →
Equity capital10,255,000USDevidence →

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

MeasureValueUnitSource
Interest income1,654,000USDevidence →
Interest expense362,000USDevidence →
Net interest income1,292,000USDevidence →
Noninterest income101,000USDevidence →
Noninterest expense2,121,000USDevidence →
Provision for loan losses22,000USDevidence →
Pretax income-750,000USDevidence →
Income tax-202,000USDevidence →
Net income-548,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital10,925,000USDevidence →