Call reports 2023
BANKFIRST — 2023
What BANKFIRST 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 | 1,013,937,000 | 1,059,033,000 | 1,075,423,000 | 1,065,912,000 |
| Total loans | 598,452,000 | 624,606,000 | 642,730,000 | 654,501,000 |
| Allowance for loan losses | 10,082,000 | 10,168,000 | 10,254,000 | 10,349,000 |
| Securities available for sale | 342,860,000 | 362,498,000 | 358,213,000 | 333,620,000 |
| Securities held to maturity | 3,034,000 | 2,702,000 | 2,418,000 | 2,258,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 629,718,000 | 629,881,000 | 634,232,000 | 624,148,000 |
| Interest-bearing deposits | 527,218,000 | 534,944,000 | 547,863,000 | 537,319,000 |
| Noninterest-bearing deposits | 102,500,000 | 94,937,000 | 86,369,000 | 86,829,000 |
| Equity capital | 130,379,000 | 137,523,000 | 142,834,000 | 147,430,000 |
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 | 14,935,000 | 30,919,000 | 48,089,000 | 66,256,000 |
| Interest expense | 5,187,000 | 11,264,000 | 18,406,000 | 25,898,000 |
| Net interest income | 9,748,000 | 19,655,000 | 29,683,000 | 40,358,000 |
| Noninterest income | 854,000 | 1,685,000 | 2,567,000 | 3,504,000 |
| Noninterest expense | 3,979,000 | 7,830,000 | 11,969,000 | 16,284,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 300,000 |
| Pretax income | 6,560,000 | 13,295,000 | 20,004,000 | 27,401,000 |
| Income tax | 1,576,000 | 3,054,000 | 4,524,000 | 6,324,000 |
| Net income | 4,984,000 | 10,241,000 | 15,480,000 | 21,077,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 120,429,000 | 124,840,000 | 130,195,000 | 135,909,000 |
| Total capital | 130,094,000 | 134,850,000 | 140,453,000 | 146,232,000 |
| Risk-weighted assets | 772,815,000 | 800,632,000 | 820,679,000 | 825,819,000 |