Call reports 2023
CONCORDIA BANK — 2023
What CONCORDIA 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 | 103,879,000 | 103,444,000 | 107,335,000 | 108,760,000 |
| Total loans | 65,547,000 | 75,871,000 | 81,464,000 | 84,297,000 |
| Allowance for loan losses | 758,000 | 905,000 | 937,000 | 970,000 |
| Securities available for sale | 13,218,000 | 13,059,000 | 12,574,000 | 12,916,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 92,809,000 | 92,494,000 | 93,217,000 | 93,888,000 |
| Interest-bearing deposits | 70,723,000 | 69,766,000 | 69,762,000 | 73,513,000 |
| Noninterest-bearing deposits | 22,086,000 | 22,728,000 | 23,455,000 | 20,375,000 |
| Equity capital | 10,471,000 | 10,625,000 | 10,727,000 | 11,395,000 |
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 | 1,164,000 | 2,473,000 | 3,839,000 | 5,300,000 |
| Interest expense | 114,000 | 254,000 | 440,000 | 742,000 |
| Net interest income | 1,050,000 | 2,219,000 | 3,399,000 | 4,558,000 |
| Noninterest income | 136,000 | 291,000 | 435,000 | 603,000 |
| Noninterest expense | 802,000 | 1,640,000 | 2,510,000 | 3,399,000 |
| Provision for loan losses | 0 | 146,000 | 192,000 | 223,000 |
| Pretax income | 384,000 | 724,000 | 1,132,000 | 1,539,000 |
| Income tax | 100,000 | 220,000 | 294,000 | 393,000 |
| Net income | 284,000 | 504,000 | 838,000 | 1,146,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,238,000 | 11,455,000 | 11,675,000 | 12,073,000 |