Call reports 2023
21ST CENTURY BANK — 2023
What 21ST CENTURY 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 | 691,246,000 | 710,593,000 | 714,772,000 | 728,079,000 |
| Total loans | 550,321,000 | 572,825,000 | 575,737,000 | 590,575,000 |
| Allowance for loan losses | 5,187,000 | 5,136,000 | 5,217,000 | 5,436,000 |
| Securities available for sale | 126,108,000 | 119,116,000 | 112,316,000 | 112,163,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 610,867,000 | 547,270,000 | 542,151,000 | 552,709,000 |
| Interest-bearing deposits | 445,373,000 | 382,054,000 | 387,956,000 | 407,825,000 |
| Noninterest-bearing deposits | 165,494,000 | 165,216,000 | 154,194,000 | 144,884,000 |
| Equity capital | 73,525,000 | 73,341,000 | 72,122,000 | 76,214,000 |
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 | 7,894,000 | 16,166,000 | 25,088,000 | 34,139,000 |
| Interest expense | 2,565,000 | 5,769,000 | 10,069,000 | 14,530,000 |
| Net interest income | 5,329,000 | 10,397,000 | 15,019,000 | 19,609,000 |
| Noninterest income | 172,000 | 309,000 | 452,000 | 591,000 |
| Noninterest expense | 3,535,000 | 6,632,000 | 9,795,000 | 12,820,000 |
| Provision for loan losses | 0 | 115,000 | 196,000 | 346,000 |
| Pretax income | 1,966,000 | 3,959,000 | 5,480,000 | 7,034,000 |
| Income tax | 570,000 | 1,148,000 | 1,589,000 | 2,040,000 |
| Net income | 1,396,000 | 2,811,000 | 3,891,000 | 4,994,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 80,578,000 | 81,993,000 | 83,072,000 | 84,269,000 |
| Total capital | 85,765,000 | 87,129,000 | 88,289,000 | 89,705,000 |
| Risk-weighted assets | 478,727,000 | 511,460,000 | 513,905,000 | 532,275,000 |