Call reports 2023
FLATWATER BANK — 2023
What FLATWATER 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 | 227,789,000 | 238,942,000 | 258,427,000 | 287,047,000 |
| Total loans | 160,238,000 | 171,333,000 | 193,627,000 | 208,155,000 |
| Allowance for loan losses | 2,701,000 | 2,703,000 | 2,710,000 | 2,700,000 |
| Securities available for sale | 50,672,000 | 49,849,000 | 47,704,000 | 59,214,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 195,406,000 | 193,868,000 | 203,224,000 | 231,202,000 |
| Interest-bearing deposits | 160,731,000 | 161,902,000 | 173,608,000 | 200,434,000 |
| Noninterest-bearing deposits | 34,675,000 | 31,966,000 | 29,616,000 | 30,768,000 |
| Equity capital | 20,854,000 | 21,097,000 | 19,711,000 | 22,281,000 |
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 | 2,825,000 | 6,000,000 | 9,537,000 | 13,460,000 |
| Interest expense | 788,000 | 1,783,000 | 3,097,000 | 4,861,000 |
| Net interest income | 2,037,000 | 4,217,000 | 6,440,000 | 8,599,000 |
| Noninterest income | 611,000 | 1,126,000 | 1,644,000 | 2,184,000 |
| Noninterest expense | 1,654,000 | 3,239,000 | 5,088,000 | 6,963,000 |
| Provision for loan losses | 3,000 | 7,000 | 10,000 | 13,000 |
| Pretax income | 991,000 | 2,097,000 | 2,986,000 | 3,807,000 |
| Income tax | 21,000 | 43,000 | 64,000 | 85,000 |
| Net income | 970,000 | 2,054,000 | 2,922,000 | 3,722,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,596,000 | 26,187,000 | 26,562,000 | 26,869,000 |