Call reports 2023
AVIDBANK — 2023
What AVIDBANK 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 | 2,165,228,000 | 2,202,844,000 | 2,196,869,000 | 2,225,639,000 |
| Total loans | 1,564,501,000 | 1,650,265,000 | 1,669,914,000 | 1,740,647,000 |
| Allowance for loan losses | 16,389,000 | 17,636,000 | 17,800,000 | 19,131,000 |
| Securities available for sale | 386,947,000 | 371,753,000 | 345,547,000 | 325,320,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,620,280,000 | 1,750,290,000 | 1,709,760,000 | 1,654,942,000 |
| Interest-bearing deposits | 999,254,000 | 1,119,283,000 | 1,184,917,000 | 1,153,750,000 |
| Noninterest-bearing deposits | 621,026,000 | 631,007,000 | 524,843,000 | 501,192,000 |
| Equity capital | 165,841,000 | 166,157,000 | 161,178,000 | 181,418,000 |
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 | 28,817,000 | 58,784,000 | 90,580,000 | 124,293,000 |
| Interest expense | 8,702,000 | 20,881,000 | 35,064,000 | 50,222,000 |
| Net interest income | 20,115,000 | 37,903,000 | 55,516,000 | 74,071,000 |
| Noninterest income | 995,000 | 2,076,000 | 3,236,000 | 4,248,000 |
| Noninterest expense | 10,953,000 | 21,303,000 | 32,176,000 | 43,706,000 |
| Provision for loan losses | 157,000 | 1,503,000 | 1,669,000 | 3,000,000 |
| Pretax income | 9,157,000 | 16,206,000 | 23,985,000 | 25,357,000 |
| Income tax | 2,519,000 | 4,590,000 | 6,783,000 | 7,578,000 |
| Net income | 6,638,000 | 11,616,000 | 17,202,000 | 17,779,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 217,072,000 | 222,751,000 | 229,013,000 | 230,293,000 |
| Total capital | 235,506,000 | 242,556,000 | 248,938,000 | 251,484,000 |
| Risk-weighted assets | 1,986,250,000 | 2,093,355,000 | 2,140,675,000 | 2,163,277,000 |