Call reports 2023
BLUE FOUNDRY BANK — 2023
What BLUE FOUNDRY 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 | 2,098,370,000 | 2,075,350,000 | 2,058,160,000 | 2,042,240,000 |
| Total loans | 1,588,612,000 | 1,584,242,000 | 1,573,425,000 | 1,560,730,000 |
| Allowance for loan losses | 14,153,000 | 14,413,000 | 13,872,000 | 14,154,000 |
| Securities available for sale | 309,083,000 | 300,923,000 | 283,649,000 | 283,766,000 |
| Securities held to maturity | 33,660,000 | 33,615,000 | 33,466,000 | 33,412,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,341,328,000 | 1,341,995,000 | 1,326,371,000 | 1,312,463,000 |
| Interest-bearing deposits | 1,209,918,000 | 1,236,462,000 | 1,226,904,000 | 1,213,536,000 |
| Noninterest-bearing deposits | 131,410,000 | 105,533,000 | 99,467,000 | 98,927,000 |
| Equity capital | 276,099,000 | 275,706,000 | 271,603,000 | 273,915,000 |
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 | 18,883,000 | 38,696,000 | 58,944,000 | 79,377,000 |
| Interest expense | 7,061,000 | 16,092,000 | 26,562,000 | 37,875,000 |
| Net interest income | 11,822,000 | 22,604,000 | 32,382,000 | 41,502,000 |
| Noninterest income | 477,000 | 853,000 | 1,196,000 | 1,625,000 |
| Noninterest expense | 12,596,000 | 24,687,000 | 36,205,000 | 48,048,000 |
| Provision for loan losses | 89,000 | 362,000 | -152,000 | 146,000 |
| Pretax income | -274,000 | -1,351,000 | -2,030,000 | -4,460,000 |
| Income tax | 0 | 0 | 0 | 183,000 |
| Net income | -274,000 | -1,351,000 | -2,030,000 | -4,643,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 298,445,000 | 298,101,000 | 298,111,000 | 296,238,000 |
| Total capital | 313,533,000 | 313,319,000 | 312,586,000 | 310,853,000 |
| Risk-weighted assets | 1,466,403,000 | 1,472,136,000 | 1,471,105,000 | 1,471,540,000 |