Call reports 2023
CACHE VALLEY BANK — 2023
What CACHE VALLEY 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 | 2,867,585,000 | 2,868,648,000 | 2,891,994,000 | 2,825,560,000 |
| Total loans | 2,038,005,000 | 2,118,585,000 | 2,196,755,000 | 2,302,615,000 |
| Allowance for loan losses | 26,238,000 | 27,315,000 | 28,057,000 | 29,143,000 |
| Securities available for sale | 499,281,000 | 465,328,000 | 416,598,000 | 295,145,000 |
| Securities held to maturity | 26,322,000 | 26,256,000 | 26,188,000 | 26,100,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,551,309,000 | 2,507,471,000 | 2,555,878,000 | 2,483,302,000 |
| Interest-bearing deposits | 1,671,302,000 | 1,618,942,000 | 1,733,010,000 | 1,724,724,000 |
| Noninterest-bearing deposits | 880,007,000 | 888,530,000 | 822,868,000 | 758,578,000 |
| Equity capital | 281,361,000 | 294,181,000 | 310,018,000 | 317,500,000 |
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 | 39,013,000 | 78,827,000 | 120,692,000 | 164,606,000 |
| Interest expense | 6,396,000 | 15,272,000 | 26,098,000 | 39,146,000 |
| Net interest income | 32,617,000 | 63,555,000 | 94,594,000 | 125,460,000 |
| Noninterest income | 2,616,000 | 4,174,000 | 5,725,000 | 6,216,000 |
| Noninterest expense | 11,992,000 | 24,302,000 | 37,252,000 | 50,319,000 |
| Provision for loan losses | 2,135,000 | 3,635,000 | 4,500,000 | 6,000,000 |
| Pretax income | 19,950,000 | 38,636,000 | 57,411,000 | 74,201,000 |
| Income tax | 4,950,000 | 9,750,000 | 14,325,000 | 18,362,000 |
| Net income | 15,000,000 | 28,886,000 | 43,086,000 | 55,839,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 287,879,000 | 300,365,000 | 314,214,000 | 319,502,000 |
| Total capital | 314,512,000 | 328,075,000 | 342,667,000 | 349,040,000 |
| Risk-weighted assets | 2,267,941,000 | 2,376,171,000 | 2,515,273,000 | 2,592,615,000 |