Call reports 2024
FIRST NATIONAL BANK OF SOUTH PADRE ISLAND — 2024
What FIRST NATIONAL BANK OF SOUTH PADRE ISLAND 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 | 86,902,000 | 78,202,000 | 79,069,000 | 77,300,000 |
| Total loans | 28,833,000 | 30,277,000 | 30,090,000 | 32,154,000 |
| Allowance for loan losses | 580,000 | 580,000 | 580,000 | 580,000 |
| Securities available for sale | 17,031,000 | 18,026,000 | 18,784,000 | 18,854,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,008,000 | 69,098,000 | 69,233,000 | 67,855,000 |
| Interest-bearing deposits | 41,583,000 | 40,532,000 | 40,794,000 | 40,764,000 |
| Noninterest-bearing deposits | 36,425,000 | 28,566,000 | 28,439,000 | 27,091,000 |
| Equity capital | 8,780,000 | 8,964,000 | 9,678,000 | 9,338,000 |
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 | 951,000 | 2,041,000 | 3,060,000 | 4,107,000 |
| Interest expense | 92,000 | 183,000 | 287,000 | 399,000 |
| Net interest income | 859,000 | 1,858,000 | 2,773,000 | 3,708,000 |
| Noninterest income | 41,000 | 62,000 | 84,000 | 105,000 |
| Noninterest expense | 470,000 | 998,000 | 1,505,000 | 2,015,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 430,000 | 922,000 | 1,352,000 | 1,798,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 430,000 | 922,000 | 1,352,000 | 1,798,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,140,000 | 9,250,000 | 9,680,000 | 9,619,000 |