Call reports 2023
FIRST STATE BANK OF FORSYTH — 2023
What FIRST STATE BANK OF FORSYTH 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 | 149,552,000 | 154,342,000 | 159,439,000 | 153,487,000 |
| Total loans | 69,882,000 | 75,519,000 | 77,994,000 | 73,952,000 |
| Allowance for loan losses | 1,665,000 | 1,697,000 | 1,762,000 | 1,737,000 |
| Securities available for sale | 70,364,000 | 68,153,000 | 62,904,000 | 62,700,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 126,515,000 | 120,557,000 | 125,169,000 | 126,718,000 |
| Interest-bearing deposits | 99,123,000 | 96,875,000 | 100,967,000 | 103,320,000 |
| Noninterest-bearing deposits | 27,392,000 | 23,682,000 | 24,202,000 | 23,398,000 |
| Equity capital | 10,962,000 | 9,102,000 | 8,030,000 | 10,781,000 |
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 | 1,518,000 | 3,167,000 | 4,911,000 | 6,918,000 |
| Interest expense | 279,000 | 728,000 | 1,388,000 | 2,064,000 |
| Net interest income | 1,239,000 | 2,439,000 | 3,523,000 | 4,854,000 |
| Noninterest income | 67,000 | 126,000 | 192,000 | 261,000 |
| Noninterest expense | 598,000 | 1,173,000 | 1,807,000 | 2,411,000 |
| Provision for loan losses | 60,000 | 100,000 | 170,000 | 295,000 |
| Pretax income | 648,000 | 1,292,000 | 1,706,000 | 2,350,000 |
| Income tax | 140,000 | 315,000 | 391,000 | 498,000 |
| Net income | 508,000 | 977,000 | 1,315,000 | 1,852,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,754,000 | 15,423,000 | 15,621,000 | 16,074,000 |