Call reports 2023
BANESCO USA — 2023
What BANESCO USA 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 | 3,536,417,000 | 3,573,089,000 | 3,714,924,000 | 3,803,816,000 |
| Total loans | 2,510,607,000 | 2,667,369,000 | 2,786,817,000 | 2,881,396,000 |
| Allowance for loan losses | 30,194,000 | 33,209,000 | 34,663,000 | 35,595,000 |
| Securities available for sale | 219,943,000 | 220,383,000 | 254,622,000 | 382,373,000 |
| Securities held to maturity | 215,955,000 | 211,276,000 | 200,906,000 | 193,655,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,509,899,000 | 2,515,141,000 | 2,413,877,000 | 2,536,724,000 |
| Interest-bearing deposits | 1,657,734,000 | 1,607,536,000 | 1,489,040,000 | 1,591,637,000 |
| Noninterest-bearing deposits | 852,165,000 | 907,605,000 | 924,837,000 | 945,087,000 |
| Equity capital | 408,165,000 | 414,086,000 | 432,799,000 | 448,146,000 |
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 | 36,975,000 | 81,943,000 | 130,462,000 | 180,231,000 |
| Interest expense | 13,812,000 | 34,144,000 | 55,991,000 | 79,533,000 |
| Net interest income | 23,163,000 | 47,799,000 | 74,471,000 | 100,698,000 |
| Noninterest income | 3,392,000 | 7,217,000 | 11,634,000 | 16,477,000 |
| Noninterest expense | 17,637,000 | 35,931,000 | 54,730,000 | 73,729,000 |
| Provision for loan losses | 2,293,000 | 5,313,000 | 6,614,000 | 7,879,000 |
| Pretax income | 6,544,000 | 13,723,000 | 21,922,000 | 32,470,000 |
| Income tax | 1,939,000 | 4,142,000 | 7,081,000 | 9,758,000 |
| Net income | 4,605,000 | 9,581,000 | 14,841,000 | 22,712,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 461,165,000 | 466,155,000 | 486,431,000 | 495,007,000 |