Call reports 2024
PRODUCE STATE BANK — 2024
What PRODUCE 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 | 111,850,000 | 110,870,000 | 109,710,000 | 113,398,000 |
| Total loans | 50,220,000 | 52,424,000 | 53,026,000 | 55,924,000 |
| Allowance for loan losses | 589,000 | 589,000 | 591,000 | 594,000 |
| Securities available for sale | 28,200,000 | 27,892,000 | 29,489,000 | 27,680,000 |
| Securities held to maturity | 24,138,000 | 22,873,000 | 17,987,000 | 17,985,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 99,356,000 | 98,296,000 | 96,903,000 | 101,140,000 |
| Interest-bearing deposits | 69,501,000 | 66,137,000 | 65,413,000 | 67,161,000 |
| Noninterest-bearing deposits | 29,855,000 | 32,159,000 | 31,490,000 | 33,979,000 |
| Equity capital | 12,050,000 | 11,957,000 | 12,354,000 | 11,950,000 |
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 | 1,423,000 | 2,813,000 | 4,220,000 | 5,606,000 |
| Interest expense | 194,000 | 384,000 | 573,000 | 763,000 |
| Net interest income | 1,229,000 | 2,429,000 | 3,647,000 | 4,843,000 |
| Noninterest income | 50,000 | 134,000 | 222,000 | 293,000 |
| Noninterest expense | 657,000 | 1,400,000 | 2,126,000 | 2,965,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 622,000 | 1,160,000 | 1,742,000 | 2,170,000 |
| Income tax | 73,000 | 146,000 | 219,000 | 219,000 |
| Net income | 549,000 | 1,014,000 | 1,523,000 | 1,951,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,848,000 | 10,873,000 | 10,941,000 | 10,928,000 |
| Total capital | 11,437,000 | 11,462,000 | 11,532,000 | 11,522,000 |
| Risk-weighted assets | 47,882,000 | 50,196,000 | 51,016,000 | 54,289,000 |