Call reports 2024
STATE BANK OF THE LAKES, NATIONAL ASSOCIATION — 2024
What STATE BANK OF THE LAKES, NATIONAL ASSOCIATION 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 | 1,984,766,000 | 2,122,210,000 | 2,133,018,000 | 2,158,455,000 |
| Total loans | 1,560,074,000 | 1,640,873,000 | 1,658,645,000 | 1,670,814,000 |
| Allowance for loan losses | 6,966,000 | 7,880,000 | 7,607,000 | 7,882,000 |
| Securities available for sale | 86,751,000 | 85,520,000 | 89,021,000 | 145,807,000 |
| Securities held to maturity | 164,316,000 | 163,019,000 | 161,517,000 | 159,523,000 |
| Trading assets | 2,540,000 | 2,411,000 | 1,875,000 | 1,943,000 |
| Total deposits | 1,656,553,000 | 1,791,800,000 | 1,788,604,000 | 1,784,800,000 |
| Interest-bearing deposits | 1,394,544,000 | 1,487,368,000 | 1,476,561,000 | 1,500,339,000 |
| Noninterest-bearing deposits | 262,009,000 | 304,432,000 | 312,043,000 | 284,461,000 |
| Equity capital | 231,037,000 | 237,347,000 | 248,938,000 | 246,686,000 |
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 | 27,965,000 | 56,751,000 | 87,338,000 | 116,618,000 |
| Interest expense | 10,849,000 | 22,965,000 | 36,024,000 | 48,187,000 |
| Net interest income | 17,116,000 | 33,786,000 | 51,314,000 | 68,431,000 |
| Noninterest income | 1,667,000 | 3,341,000 | 4,884,000 | 6,594,000 |
| Noninterest expense | 7,625,000 | 15,550,000 | 23,152,000 | 30,943,000 |
| Provision for loan losses | 755,000 | 2,236,000 | 2,308,000 | 3,651,000 |
| Pretax income | 10,620,000 | 19,468,000 | 30,398,000 | 39,964,000 |
| Income tax | 2,729,000 | 5,012,000 | 7,807,000 | 10,383,000 |
| Net income | 7,891,000 | 14,456,000 | 22,591,000 | 29,581,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 187,111,000 | 193,721,000 | 201,915,000 | 203,972,000 |
| Total capital | 195,403,000 | 203,017,000 | 211,436,000 | 213,869,000 |
| Risk-weighted assets | 1,717,050,000 | 1,795,248,000 | 1,806,975,000 | 1,849,324,000 |