Call reports 2023
VICTORY BANK, THE — 2023
What VICTORY BANK, THE 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 | 420,491,000 | 413,961,000 | 418,978,000 | 442,292,000 |
| Total loans | 333,869,000 | 344,360,000 | 355,395,000 | 367,909,000 |
| Allowance for loan losses | 3,276,000 | 3,276,000 | 3,351,000 | 3,521,000 |
| Securities available for sale | 38,590,000 | 36,722,000 | 35,228,000 | 35,891,000 |
| Securities held to maturity | 12,850,000 | 12,792,000 | 12,108,000 | 12,040,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 371,160,000 | 369,358,000 | 358,275,000 | 364,086,000 |
| Interest-bearing deposits | 305,754,000 | 307,612,000 | 299,436,000 | 309,010,000 |
| Noninterest-bearing deposits | 65,406,000 | 61,746,000 | 58,839,000 | 55,076,000 |
| Equity capital | 38,737,000 | 38,345,000 | 38,340,000 | 39,486,000 |
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 | 5,672,000 | 11,649,000 | 17,905,000 | 24,456,000 |
| Interest expense | 2,034,000 | 4,458,000 | 7,206,000 | 9,836,000 |
| Net interest income | 3,638,000 | 7,191,000 | 10,699,000 | 14,620,000 |
| Noninterest income | 119,000 | 233,000 | 375,000 | 636,000 |
| Noninterest expense | 2,682,000 | 5,460,000 | 8,183,000 | 10,850,000 |
| Provision for loan losses | 0 | 0 | 75,000 | 245,000 |
| Pretax income | 1,075,000 | 1,964,000 | 2,816,000 | 3,661,000 |
| Income tax | 220,000 | 413,000 | 565,000 | 771,000 |
| Net income | 855,000 | 1,551,000 | 2,251,000 | 2,890,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,507,000 | 40,754,000 | 41,354,000 | 41,444,000 |
| Total capital | 43,783,000 | 44,030,000 | 44,705,000 | 44,966,000 |
| Risk-weighted assets | 352,923,000 | 366,731,000 | 367,292,000 | 390,668,000 |