Call reports 2023
NATIONAL IRON BANK, THE — 2023
What NATIONAL IRON BANK, THE reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 292,023,000 | 289,536,000 | 300,323,000 | 300,561,000 |
| Total loans | 240,510,000 | 240,253,000 | 249,411,000 | 249,785,000 |
| Allowance for loan losses | 979,000 | 980,000 | 1,004,000 | 1,039,000 |
| Securities available for sale | 17,837,000 | 20,079,000 | 21,028,000 | 22,260,000 |
| Securities held to maturity | 26,448,000 | 21,373,000 | 20,667,000 | 20,175,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 232,093,000 | 244,622,000 | 255,465,000 | 252,098,000 |
| Interest-bearing deposits | 199,127,000 | 214,285,000 | 230,106,000 | 226,682,000 |
| Noninterest-bearing deposits | 32,966,000 | 30,337,000 | 25,359,000 | 25,416,000 |
| Equity capital | 23,146,000 | 21,683,000 | 21,389,000 | 22,199,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 2,590,000 | 5,232,000 | 8,037,000 | 10,984,000 |
| Interest expense | 827,000 | 1,924,000 | 3,041,000 | 4,372,000 |
| Net interest income | 1,763,000 | 3,308,000 | 4,996,000 | 6,612,000 |
| Noninterest income | 140,000 | 295,000 | 453,000 | 627,000 |
| Noninterest expense | 1,378,000 | 2,825,000 | 4,383,000 | 5,897,000 |
| Provision for loan losses | -78,000 | -71,000 | -46,000 | -2,000 |
| Pretax income | 512,000 | 795,000 | 1,052,000 | 1,266,000 |
| Income tax | 35,000 | 50,000 | 68,000 | 83,000 |
| Net income | 477,000 | 745,000 | 984,000 | 1,183,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,080,000 | 25,263,000 | 25,334,000 | 25,366,000 |
| Total capital | 26,155,000 | 26,302,000 | 26,403,000 | 26,484,000 |
| Risk-weighted assets | 162,082,000 | 152,623,000 | 167,812,000 | 164,604,000 |