Call reports 2023
FIRST NATIONAL BANK IN FREDONIA — 2023
What FIRST NATIONAL BANK IN FREDONIA 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 | 91,959,000 | 93,041,000 | 86,074,000 | 99,398,000 |
| Total loans | 31,054,000 | 31,915,000 | 31,300,000 | 31,078,000 |
| Allowance for loan losses | 916,000 | 924,000 | 911,000 | 896,000 |
| Securities available for sale | 57,254,000 | 55,069,000 | 51,844,000 | 55,679,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 82,589,000 | 84,179,000 | 78,847,000 | 90,027,000 |
| Interest-bearing deposits | 64,419,000 | 65,288,000 | 62,418,000 | 72,207,000 |
| Noninterest-bearing deposits | 18,170,000 | 18,891,000 | 16,429,000 | 17,820,000 |
| Equity capital | 9,328,000 | 8,789,000 | 7,113,000 | 9,261,000 |
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 | 848,000 | 1,690,000 | 2,549,000 | 3,440,000 |
| Interest expense | 82,000 | 201,000 | 345,000 | 511,000 |
| Net interest income | 766,000 | 1,489,000 | 2,204,000 | 2,929,000 |
| Noninterest income | 86,000 | 166,000 | 238,000 | 312,000 |
| Noninterest expense | 506,000 | 999,000 | 1,468,000 | 2,101,000 |
| Provision for loan losses | 6,000 | 12,000 | 19,000 | 26,000 |
| Pretax income | 340,000 | 644,000 | 955,000 | 1,114,000 |
| Income tax | 0 | 15,000 | 29,000 | 42,000 |
| Net income | 340,000 | 629,000 | 926,000 | 1,072,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,216,000 | 17,544,000 | 17,051,000 | 16,790,000 |
| Total capital | — | — | 17,658,000 | — |
| Risk-weighted assets | — | — | 48,299,000 | — |