Call reports 2024
FIRST NATIONAL BANK OF ABSECON — 2024
What FIRST NATIONAL BANK OF ABSECON 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 | 186,293,000 | 180,566,000 | 181,553,000 | 194,498,000 |
| Total loans | 107,628,000 | 109,132,000 | 109,060,000 | 118,422,000 |
| Allowance for loan losses | 938,000 | 942,000 | 927,000 | 1,017,000 |
| Securities available for sale | 45,364,000 | 44,462,000 | 42,938,000 | 44,332,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 170,489,000 | 164,916,000 | 164,458,000 | 177,287,000 |
| Interest-bearing deposits | 137,418,000 | 131,002,000 | 130,831,000 | 141,241,000 |
| Noninterest-bearing deposits | 33,071,000 | 33,914,000 | 33,627,000 | 36,046,000 |
| Equity capital | 14,567,000 | 14,668,000 | 15,786,000 | 15,993,000 |
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 | 1,993,000 | 4,036,000 | 6,036,000 | 8,229,000 |
| Interest expense | 302,000 | 622,000 | 966,000 | 1,369,000 |
| Net interest income | 1,691,000 | 3,414,000 | 5,070,000 | 6,860,000 |
| Noninterest income | 106,000 | 218,000 | 328,000 | 444,000 |
| Noninterest expense | 1,275,000 | 3,076,000 | 4,447,000 | 5,897,000 |
| Provision for loan losses | -66,000 | -62,000 | -77,000 | 13,000 |
| Pretax income | 566,000 | 589,000 | 990,000 | 1,392,000 |
| Income tax | 105,000 | 96,000 | 166,000 | 236,000 |
| Net income | 461,000 | 493,000 | 824,000 | 1,156,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,019,000 | 18,969,000 | 19,216,000 | 19,449,000 |