Call reports 2023
CULBERTSON BANK — 2023
What CULBERTSON BANK 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 | 15,679,000 | 13,547,000 | 13,455,000 | 11,957,000 |
| Total loans | 5,808,000 | 5,875,000 | 6,223,000 | 6,318,000 |
| Allowance for loan losses | 85,000 | 85,000 | 85,000 | 118,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 4,252,000 | 3,660,000 | 3,466,000 | 3,173,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 13,499,000 | 11,320,000 | 11,208,000 | 9,866,000 |
| Interest-bearing deposits | 9,744,000 | 7,948,000 | 7,283,000 | 6,536,000 |
| Noninterest-bearing deposits | 3,755,000 | 3,372,000 | 3,925,000 | 3,330,000 |
| Equity capital | 2,171,000 | 2,180,000 | 2,192,000 | 2,076,000 |
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 | 161,000 | 337,000 | 514,000 | 685,000 |
| Interest expense | 14,000 | 51,000 | 90,000 | 123,000 |
| Net interest income | 147,000 | 286,000 | 424,000 | 562,000 |
| Noninterest income | 0 | 1,000 | 1,000 | 1,000 |
| Noninterest expense | 140,000 | 271,000 | 359,000 | 496,000 |
| Provision for loan losses | 0 | -38,000 | 0 | 117,000 |
| Pretax income | 45,000 | 54,000 | 66,000 | -50,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 45,000 | 54,000 | 66,000 | -50,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,171,000 | 2,180,000 | 2,192,000 | 2,076,000 |