Call reports 2023
CLEAR MOUNTAIN BANK, INC. — 2023
What CLEAR MOUNTAIN BANK, INC. 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 | 896,852,000 | 938,708,000 | 927,650,000 | 951,719,000 |
| Total loans | 613,925,000 | 634,673,000 | 638,627,000 | 665,546,000 |
| Allowance for loan losses | 8,732,000 | 8,807,000 | 9,149,000 | 9,380,000 |
| Securities available for sale | 203,438,000 | 198,916,000 | 183,131,000 | 188,914,000 |
| Securities held to maturity | 17,248,000 | 17,059,000 | 17,014,000 | 16,898,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 787,879,000 | 784,903,000 | 779,125,000 | 792,864,000 |
| Interest-bearing deposits | 519,372,000 | 525,019,000 | 532,449,000 | 548,993,000 |
| Noninterest-bearing deposits | 268,507,000 | 259,884,000 | 246,676,000 | 243,871,000 |
| Equity capital | 84,685,000 | 85,901,000 | 79,641,000 | 93,387,000 |
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 | 9,465,000 | 19,912,000 | 31,182,000 | 43,012,000 |
| Interest expense | 1,832,000 | 4,561,000 | 8,021,000 | 11,875,000 |
| Net interest income | 7,633,000 | 15,351,000 | 23,161,000 | 31,137,000 |
| Noninterest income | 1,891,000 | 3,552,000 | 5,426,000 | 7,062,000 |
| Noninterest expense | 6,272,000 | 13,032,000 | 19,451,000 | 25,991,000 |
| Provision for loan losses | 150,000 | 251,000 | 563,000 | 866,000 |
| Pretax income | 2,980,000 | 5,602,000 | 8,591,000 | 11,350,000 |
| Income tax | 618,000 | 1,198,000 | 1,815,000 | 2,144,000 |
| Net income | 2,362,000 | 4,404,000 | 6,776,000 | 9,206,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 108,846,000 | 110,238,000 | 112,611,000 | 114,491,000 |