$14.45M
Net Interest Income
$-6.79M
Net Income
100.6%
Efficiency Ratio
2.59%
Net Int. Margin
-7.5%
ROE
| Breakdown | Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
|---|---|---|---|---|---|---|
| Interest Income | $6.02M | $6.20M | $6.03M | $5.75M | $5.37M | $5.02M |
| Interest Expense | $3.01M | $3.04M | $2.97M | $2.70M | $2.42M | $1.95M |
| Net Interest Income | $3.00M | $3.16M | $3.06M | $3.06M | $2.95M | $3.07M |
| Provision for Credit Losses | $75.00K | $75.00K | - | - | - | - |
| Net Interest Income After Provision | $2.93M | $3.08M | $2.99M | $2.98M | $2.88M | $2.99M |
| Non-Interest Income | $900.00K | $816.00K | $904.00K | $-1.68M | $-1.38M | $920.00K |
| Non-Interest Expense | $4.29M | $4.58M | $4.30M | $4.20M | $3.71M | $4.69M |
| Compensation & Benefits | $2.54M | $2.55M | $2.37M | $2.35M | $2.26M | $3.06M |
| Technology & Equipment | $281.00K | $267.00K | $299.00K | $234.00K | $285.00K | $299.00K |
| Marketing Expense | $9.00K | $7.00K | $8.00K | $39.00K | $54.00K | $21.00K |
| Other Non-Interest Expense | $920.00K | $1.34M | $981.00K | $922.00K | $979.00K | $1.00M |
| Income Before Tax | $-457.00K | $-675.00K | $-406.00K | $-2.90M | $-2.22M | $-781.00K |
| Income Tax Expense | $-298.00K | $-159.00K | $-100.00K | $-613.00K | $1.43M | $-273.00K |
| Net Income | $-159.00K | $-516.00K | $-306.00K | $-2.28M | $-3.64M | $-508.00K |
| Basic EPS | -0.03 | -0.09 | -0.06 | -0.42 | -0.66 | -0.09 |
| Diluted EPS | -0.03 | -0.09 | -0.06 | -0.42 | -0.66 | -0.09 |
| Breakdown | Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
|---|---|---|---|---|---|---|
| Cash & Due from Banks | $23.11M | $15.18M | $14.03M | $11.22M | $23.24M | $18.78M |
| Investment Securities - AFS | $100.31M | $103.36M | $106.39M | $109.56M | $104.64M | $107.63M |
| Allowance for Loan Losses | $3.97M | $3.87M | - | - | - | - |
| Loans & Leases (Net) | - | - | $393.44M | $394.83M | $382.68M | $380.52M |
| Premises & Equipment | $4.98M | $5.07M | $5.09M | $5.18M | $5.24M | $5.31M |
| Other Assets | $9.01M | $9.65M | $9.62M | $8.99M | $9.91M | $11.98M |
| Total Assets | $564.54M | $561.45M | $564.25M | $557.61M | $554.58M | $553.38M |
| Total Deposits | $395.31M | $398.85M | $399.29M | $403.68M | $386.97M | $371.19M |
| Other Liabilities | $9.27M | $8.52M | $8.28M | $7.82M | $7.58M | $7.73M |
| Total Liabilities | $491.37M | $490.39M | $492.74M | $484.85M | $484.42M | $479.25M |
| Common Stock | $60.00K | $60.00K | $60.00K | $61.00K | $62.00K | $62.00K |
| Retained Earnings | $32.91M | $33.07M | $33.59M | $33.89M | $36.17M | $39.82M |
| Treasury Stock | $295.00K | $295.00K | $295.00K | $295.00K | $295.00K | $295.00K |
| AOCI | $-4.83M | $-6.96M | $-7.15M | $-6.55M | $-11.52M | $-11.21M |
| Total Stockholders Equity | $73.17M | $71.06M | $71.51M | $72.76M | $70.16M | $74.13M |
| Total Liabilities & Equity | $564.54M | $561.45M | $564.25M | $557.61M | $554.58M | $553.38M |
| Breakdown | Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
|---|---|---|---|---|---|---|
| Net Income | $-981.00K | $-516.00K | $-306.00K | $-2.28M | $-4.51M | $-508.00K |
| Provision for Credit Losses | $75.00K | $150.00K | - | - | - | - |
| Deferred Taxes | $-557.00K | $-259.00K | $-100.00K | $-613.00K | $1.00M | $-424.00K |
| Stock-based Compensation | $116.00K | $73.00K | $37.00K | $20.00K | $109.00K | $77.00K |
| Net Change in Loans HFS | $17.11M | $9.46M | $2.15M | $3.50M | $8.95M | $4.04M |
| Operating Cash Flow | $342.00K | $-1.19M | $-398.00K | $-385.00K | $-324.00K | $-836.00K |
| Purchases of Securities | $2.00M | $2.00M | $14.00K | $28.94M | $21.41M | - |
| Sales of Securities | - | - | - | $24.94M | $19.50M | - |
| Maturities of Securities | $13.56M | $7.62M | $2.39M | $2.73M | $9.75M | $7.21M |
| Net Change in Loans | $2.94M | $3.99M | $-1.46M | $12.23M | $23.50M | $21.37M |
| Investing Cash Flow | $8.10M | $1.08M | $3.41M | $-12.89M | $-16.43M | $-15.03M |
| Net Change in Deposits | $-8.37M | $-4.83M | $-4.40M | $16.71M | $-748.00K | $-16.53M |
| Financing Cash Flow | $4.00M | $3.68M | $6.74M | $-79.00K | $15.01M | $10.32M |
| Net Change in Cash | $12.44M | $3.57M | $9.75M | $-13.35M | $-1.74M | $-5.55M |
SEC Filing Format - Data shown as it appears in the Q3 2024 (10-Q) filing
Period ended: Sep 30, 2024
Condensed Consolidated Statements of Operations
| Description | Sep 30, 2024 | Sep 30, 2024 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Interest Expense | $3.01M | $2.42M | $8.91M | $5.04M |
| Income Before Tax | $-457.00K | $-2.22M | $-1.54M | $-3.51M |
| Income Tax Expense | $-298.00K | $1.43M | $-557.00K | $1.00M |
| Net Income | $-159.00K | $-3.64M | $-981.00K | $-4.51M |
| Basic EPS | -0.03 | -0.66 | -0.18 | -0.81 |
| Diluted EPS | -0.03 | -0.66 | -0.18 | -0.81 |
| Basic Shares Outstanding | $5.43M | $5.53M | $5.45M | $5.54M |
| Diluted Shares Outstanding | $5.43M | $5.53M | $5.45M | $5.54M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2024 | Dec 31, 2023 |
|---|---|---|
| Property Plant & Equipment | $4.98M | $5.18M |
| Total Assets | $564.54M | $557.61M |
| Total Liabilities | $491.37M | $484.85M |
| Common Stock | $60.00K | $61.00K |
| Retained Earnings | $32.91M | $33.89M |
| Treasury Stock | $295.00K | $295.00K |
| Total Stockholders Equity | $73.17M | $72.76M |
| Total Liabilities & Equity | $564.54M | $557.61M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2024 | Sep 30, 2024 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-159.00K | $-3.64M | $-981.00K | $-4.51M |
| Stock-based Compensation | - | - | $116.00K | $109.00K |
| Deferred Income Tax | - | - | $-557.00K | $1.00M |
| Operating Cash Flow | - | - | $342.00K | $-324.00K |
| Sales of Investments | - | - | $13.56M | $9.75M |
| Investing Cash Flow | - | - | $8.10M | $-16.43M |
| Financing Cash Flow | - | - | $4.00M | $15.01M |
| Net Change in Cash | - | - | $12.44M | $-1.74M |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.