Call reports 2023
NEWBANK — 2023
What NEWBANK 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 | 628,155,000 | 612,982,000 | 645,246,000 | 645,114,000 |
| Total loans | 331,378,000 | 341,476,000 | 350,971,000 | 377,434,000 |
| Allowance for loan losses | 2,963,000 | 3,231,000 | 3,166,000 | 3,322,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 547,030,000 | 528,858,000 | 555,118,000 | 556,160,000 |
| Interest-bearing deposits | 372,377,000 | 361,856,000 | 399,875,000 | 408,338,000 |
| Noninterest-bearing deposits | 174,653,000 | 167,002,000 | 155,243,000 | 147,822,000 |
| Equity capital | 66,843,000 | 69,793,000 | 73,051,000 | 74,453,000 |
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 | 10,325,000 | 21,479,000 | 33,393,000 | 45,969,000 |
| Interest expense | 3,633,000 | 7,610,000 | 12,083,000 | 17,016,000 |
| Net interest income | 6,692,000 | 13,869,000 | 21,310,000 | 28,953,000 |
| Noninterest income | 1,453,000 | 2,563,000 | 3,436,000 | 4,840,000 |
| Noninterest expense | 3,636,000 | 7,382,000 | 10,539,000 | 15,909,000 |
| Provision for loan losses | 0 | 250,000 | 350,000 | 1,308,000 |
| Pretax income | 4,509,000 | 8,800,000 | 13,857,000 | 15,217,000 |
| Income tax | 1,335,000 | 2,675,000 | 4,475,000 | 4,433,000 |
| Net income | 3,174,000 | 6,125,000 | 9,382,000 | 10,784,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 66,428,000 | 69,378,000 | 72,636,000 | 74,038,000 |