Call reports 2023
RESOURCE BANK, NATIONAL ASSOCIATION — 2023
What RESOURCE BANK, NATIONAL ASSOCIATION 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 | 755,560,000 | 753,148,000 | 747,410,000 | 793,036,000 |
| Total loans | 428,586,000 | 439,868,000 | 450,086,000 | 474,396,000 |
| Allowance for loan losses | 4,686,000 | 4,746,000 | 4,777,000 | 4,754,000 |
| Securities available for sale | 275,449,000 | 266,560,000 | 256,349,000 | 260,922,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 711,799,000 | 712,138,000 | 710,588,000 | 697,851,000 |
| Interest-bearing deposits | 531,339,000 | 536,065,000 | 537,304,000 | 518,444,000 |
| Noninterest-bearing deposits | 180,460,000 | 176,073,000 | 173,284,000 | 179,407,000 |
| Equity capital | 41,697,000 | 38,371,000 | 33,873,000 | 46,012,000 |
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 | 6,714,000 | 14,036,000 | 21,630,000 | 29,626,000 |
| Interest expense | 1,001,000 | 2,584,000 | 4,423,000 | 6,572,000 |
| Net interest income | 5,713,000 | 11,452,000 | 17,207,000 | 23,054,000 |
| Noninterest income | 1,832,000 | 3,738,000 | 5,638,000 | 7,623,000 |
| Noninterest expense | 5,374,000 | 10,943,000 | 16,439,000 | 22,292,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 211,000 |
| Pretax income | 1,612,000 | 3,595,000 | 5,660,000 | 7,650,000 |
| Income tax | -3,000 | 39,000 | 73,000 | 95,000 |
| Net income | 1,615,000 | 3,556,000 | 5,587,000 | 7,555,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 62,055,000 | 62,949,000 | 64,139,000 | 65,267,000 |
| Total capital | 66,841,000 | 67,795,000 | 69,016,000 | 70,121,000 |
| Risk-weighted assets | 506,510,000 | 512,749,000 | 524,633,000 | 536,787,000 |