Call reports 2024
FIRST COMMUNITY BANK OF CULLMAN — 2024
What FIRST COMMUNITY BANK OF CULLMAN 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 | 105,957,000 | 106,950,000 | 102,443,000 | 103,568,000 |
| Total loans | 83,071,000 | 84,099,000 | 81,017,000 | 80,931,000 |
| Allowance for loan losses | 1,403,000 | 1,390,000 | 838,000 | 841,000 |
| Securities available for sale | 5,452,000 | 4,438,000 | 3,969,000 | 3,924,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,447,000 | 79,468,000 | 81,141,000 | 79,309,000 |
| Interest-bearing deposits | 65,967,000 | 64,250,000 | 65,677,000 | 63,554,000 |
| Noninterest-bearing deposits | 15,480,000 | 15,218,000 | 15,464,000 | 15,755,000 |
| Equity capital | 13,287,000 | 13,361,000 | 12,851,000 | 12,861,000 |
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 | 1,375,000 | 2,729,000 | 4,157,000 | 5,520,000 |
| Interest expense | 526,000 | 1,060,000 | 1,630,000 | 2,148,000 |
| Net interest income | 849,000 | 1,669,000 | 2,527,000 | 3,372,000 |
| Noninterest income | 99,000 | 210,000 | 309,000 | 400,000 |
| Noninterest expense | 864,000 | 1,724,000 | 2,590,000 | 3,420,000 |
| Provision for loan losses | 0 | -22,000 | -553,000 | -546,000 |
| Pretax income | 84,000 | 155,000 | 761,000 | 866,000 |
| Income tax | 20,000 | 37,000 | 59,000 | 192,000 |
| Net income | 64,000 | 118,000 | 702,000 | 674,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,402,000 | 13,456,000 | 12,895,000 | 12,915,000 |