Call reports 2023
EMPIRE STATE BANK — 2023
What EMPIRE STATE 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 | 639,578,000 | 628,103,000 | 630,467,000 | 638,884,000 |
| Total loans | 543,285,000 | 551,247,000 | 562,886,000 | 569,006,000 |
| Allowance for loan losses | 4,882,000 | 4,917,000 | 5,028,000 | 5,086,000 |
| Securities available for sale | 8,682,000 | 8,410,000 | 8,148,000 | 8,176,000 |
| Securities held to maturity | 7,257,000 | 7,256,000 | 7,257,000 | 7,256,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 491,944,000 | 509,152,000 | 476,447,000 | 498,083,000 |
| Interest-bearing deposits | 353,343,000 | 378,142,000 | 346,865,000 | 385,194,000 |
| Noninterest-bearing deposits | 138,601,000 | 131,010,000 | 129,582,000 | 112,889,000 |
| Equity capital | 57,460,000 | 58,259,000 | 58,598,000 | 59,024,000 |
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 | 6,544,000 | 13,615,000 | 20,760,000 | 28,207,000 |
| Interest expense | 2,164,000 | 4,715,000 | 7,662,000 | 11,434,000 |
| Net interest income | 4,380,000 | 8,900,000 | 13,098,000 | 16,773,000 |
| Noninterest income | 174,000 | 503,000 | 759,000 | 1,093,000 |
| Noninterest expense | 3,572,000 | 7,313,000 | 11,287,000 | 15,048,000 |
| Provision for loan losses | 92,000 | 127,000 | 249,000 | 301,000 |
| Pretax income | 999,000 | 2,073,000 | 2,467,000 | 2,798,000 |
| Income tax | 230,000 | 476,000 | 568,000 | 643,000 |
| Net income | 769,000 | 1,597,000 | 1,899,000 | 2,155,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,381,000 | 58,236,000 | 58,607,000 | 58,890,000 |
| Total capital | 62,555,000 | 63,564,000 | 64,046,000 | 64,300,000 |
| Risk-weighted assets | 413,662,000 | 426,075,000 | 434,999,000 | 432,767,000 |