Call reports 2024
22ND STATE BANKING COMPANY — 2024
What 22ND STATE BANKING COMPANY 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 | 256,205,000 | 252,589,000 | 308,606,000 | 331,583,000 |
| Total loans | 185,479,000 | 199,141,000 | 253,887,000 | 263,063,000 |
| Allowance for loan losses | 2,794,000 | 2,982,000 | 3,381,000 | 3,815,000 |
| Securities available for sale | 18,419,000 | 18,156,000 | 18,350,000 | 17,370,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 220,365,000 | 215,464,000 | 272,630,000 | 293,013,000 |
| Interest-bearing deposits | 152,353,000 | 147,776,000 | 202,602,000 | 219,218,000 |
| Noninterest-bearing deposits | 68,012,000 | 67,688,000 | 70,028,000 | 73,795,000 |
| Equity capital | 27,286,000 | 27,553,000 | 28,870,000 | 29,828,000 |
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 | 4,632,000 | 9,620,000 | 15,055,000 | 22,411,000 |
| Interest expense | 1,424,000 | 3,006,000 | 4,612,000 | 6,775,000 |
| Net interest income | 3,208,000 | 6,614,000 | 10,443,000 | 15,636,000 |
| Noninterest income | 300,000 | 653,000 | 1,469,000 | 2,891,000 |
| Noninterest expense | 3,079,000 | 6,482,000 | 10,168,000 | 14,600,000 |
| Provision for loan losses | 175,000 | 465,000 | 924,000 | 1,413,000 |
| Pretax income | 254,000 | 320,000 | 820,000 | 2,514,000 |
| Income tax | 0 | 0 | -150,000 | 5,000 |
| Net income | 254,000 | 320,000 | 970,000 | 2,509,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,070,000 | 28,140,000 | 27,763,000 | 29,352,000 |
| Total capital | 30,635,000 | 30,681,000 | 31,128,000 | 32,941,000 |
| Risk-weighted assets | 205,043,000 | 202,883,000 | 269,213,000 | 286,971,000 |