Call reports 2023
INVESTORS COMMUNITY BANK — 2023
What INVESTORS COMMUNITY 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 | 92,114,000 | 91,434,000 | 87,874,000 | 90,492,000 |
| Total loans | 31,726,000 | 36,452,000 | 35,809,000 | 35,506,000 |
| Allowance for loan losses | 455,000 | 462,000 | 471,000 | 471,000 |
| Securities available for sale | 47,910,000 | 47,089,000 | 44,070,000 | 46,039,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 83,243,000 | 82,546,000 | 75,509,000 | 80,935,000 |
| Interest-bearing deposits | 64,181,000 | 67,059,000 | 61,189,000 | 66,354,000 |
| Noninterest-bearing deposits | 19,062,000 | 15,487,000 | 14,320,000 | 14,581,000 |
| Equity capital | 8,781,000 | 8,754,000 | 7,573,000 | 9,410,000 |
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 | 757,000 | 1,517,000 | 2,350,000 | 3,213,000 |
| Interest expense | 180,000 | 361,000 | 597,000 | 899,000 |
| Net interest income | 577,000 | 1,156,000 | 1,753,000 | 2,314,000 |
| Noninterest income | 62,000 | 116,000 | 167,000 | 213,000 |
| Noninterest expense | 421,000 | 815,000 | 1,226,000 | 1,653,000 |
| Provision for loan losses | 68,000 | 105,000 | 114,000 | 113,000 |
| Pretax income | 150,000 | 352,000 | 580,000 | 755,000 |
| Income tax | 3,000 | 16,000 | 34,000 | 40,000 |
| Net income | 147,000 | 336,000 | 546,000 | 715,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,950,000 | 10,114,000 | 10,299,000 | 10,294,000 |