Call reports 2024
STATE BANK — 2024
What 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 | 64,385,000 | 71,019,000 | 76,999,000 | 81,435,000 |
| Total loans | 52,413,000 | 57,813,000 | 62,020,000 | 68,531,000 |
| Allowance for loan losses | 484,000 | 561,000 | 727,000 | 834,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 6,341,000 | 6,252,000 | 6,776,000 | 6,576,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,869,000 | 61,346,000 | 66,902,000 | 71,189,000 |
| Interest-bearing deposits | 39,639,000 | 49,062,000 | 52,744,000 | 55,241,000 |
| Noninterest-bearing deposits | 15,230,000 | 12,284,000 | 14,158,000 | 15,948,000 |
| Equity capital | 9,167,000 | 9,194,000 | 9,220,000 | 9,288,000 |
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 | 866,000 | 1,848,000 | 2,987,000 | 4,209,000 |
| Interest expense | 250,000 | 586,000 | 986,000 | 1,428,000 |
| Net interest income | 616,000 | 1,262,000 | 2,001,000 | 2,781,000 |
| Noninterest income | 26,000 | 56,000 | 81,000 | 123,000 |
| Noninterest expense | 603,000 | 1,181,000 | 1,801,000 | 2,433,000 |
| Provision for loan losses | 34,000 | 111,000 | 145,000 | 252,000 |
| Pretax income | 4,000 | 27,000 | 143,000 | 223,000 |
| Income tax | 6,000 | 2,000 | 92,000 | 104,000 |
| Net income | -2,000 | 25,000 | 51,000 | 119,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,167,000 | 9,194,000 | 9,220,000 | 9,288,000 |