Call reports 2024
ADAMS STATE BANK — 2024
What ADAMS STATE 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 | 68,669,000 | 69,633,000 | 73,083,000 | 70,978,000 |
| Total loans | 43,726,000 | 44,906,000 | 47,097,000 | 49,513,000 |
| Allowance for loan losses | 321,000 | 322,000 | 323,000 | 302,000 |
| Securities available for sale | 17,371,000 | 16,632,000 | 16,651,000 | 15,229,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,944,000 | 54,359,000 | 55,734,000 | 52,210,000 |
| Interest-bearing deposits | 39,627,000 | 40,851,000 | 40,743,000 | 38,045,000 |
| Noninterest-bearing deposits | 13,317,000 | 13,508,000 | 14,991,000 | 14,165,000 |
| Equity capital | 9,448,000 | 9,593,000 | 9,864,000 | 9,814,000 |
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 | 742,000 | 1,504,000 | 2,350,000 | 3,217,000 |
| Interest expense | 346,000 | 697,000 | 1,067,000 | 1,439,000 |
| Net interest income | 396,000 | 807,000 | 1,283,000 | 1,778,000 |
| Noninterest income | 37,000 | 71,000 | 108,000 | 145,000 |
| Noninterest expense | 310,000 | 661,000 | 1,003,000 | 1,365,000 |
| Provision for loan losses | 0 | 0 | 283,000 | 283,000 |
| Pretax income | 123,000 | 217,000 | 105,000 | 275,000 |
| Income tax | 36,000 | 47,000 | 51,000 | 77,000 |
| Net income | 87,000 | 170,000 | 54,000 | 198,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,523,000 | 10,605,000 | 10,490,000 | 10,523,000 |