Call reports 2024
NORTH ALABAMA BANK — 2024
What NORTH ALABAMA 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 | 175,651,000 | 174,973,000 | 174,024,000 | 177,731,000 |
| Total loans | 136,303,000 | 135,334,000 | 138,831,000 | 139,545,000 |
| Allowance for loan losses | 1,427,000 | 1,488,000 | 1,547,000 | 1,528,000 |
| Securities available for sale | 12,026,000 | 12,019,000 | 12,358,000 | 11,767,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 157,982,000 | 156,821,000 | 151,763,000 | 155,867,000 |
| Interest-bearing deposits | 116,688,000 | 116,791,000 | 113,237,000 | 115,279,000 |
| Noninterest-bearing deposits | 41,294,000 | 40,030,000 | 38,526,000 | 40,588,000 |
| Equity capital | 15,824,000 | 16,385,000 | 17,206,000 | 17,150,000 |
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 | 2,838,000 | 5,760,000 | 8,680,000 | 11,642,000 |
| Interest expense | 814,000 | 1,686,000 | 2,577,000 | 3,498,000 |
| Net interest income | 2,024,000 | 4,074,000 | 6,103,000 | 8,144,000 |
| Noninterest income | 184,000 | 381,000 | 583,000 | 799,000 |
| Noninterest expense | 1,411,000 | 2,800,000 | 4,241,000 | 5,621,000 |
| Provision for loan losses | 20,000 | 80,000 | 125,000 | 105,000 |
| Pretax income | 777,000 | 1,605,000 | 2,395,000 | 3,262,000 |
| Income tax | 201,000 | 407,000 | 602,000 | 819,000 |
| Net income | 576,000 | 1,198,000 | 1,793,000 | 2,443,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,187,000 | 16,699,000 | 17,209,000 | 17,541,000 |