Call reports 2023
FIRST SECURE COMMUNITY BANK — 2023
What FIRST SECURE COMMUNITY 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 | 503,884,000 | 506,216,000 | 508,024,000 | 498,082,000 |
| Total loans | 275,789,000 | 274,504,000 | 279,873,000 | 295,196,000 |
| Allowance for loan losses | 3,427,000 | 3,683,000 | 4,031,000 | 4,088,000 |
| Securities available for sale | 143,864,000 | 122,519,000 | 111,745,000 | 90,550,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 403,583,000 | 414,046,000 | 429,632,000 | 423,506,000 |
| Interest-bearing deposits | 351,403,000 | 369,042,000 | 380,362,000 | 379,389,000 |
| Noninterest-bearing deposits | 52,180,000 | 45,004,000 | 49,270,000 | 44,117,000 |
| Equity capital | 39,592,000 | 40,107,000 | 40,606,000 | 42,001,000 |
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 | 5,732,000 | 11,536,000 | 17,728,000 | 23,896,000 |
| Interest expense | 1,981,000 | 4,523,000 | 7,570,000 | 10,909,000 |
| Net interest income | 3,751,000 | 7,013,000 | 10,158,000 | 12,987,000 |
| Noninterest income | 637,000 | 864,000 | 969,000 | 1,062,000 |
| Noninterest expense | 2,308,000 | 4,933,000 | 7,493,000 | 10,081,000 |
| Provision for loan losses | 225,000 | 525,000 | 800,000 | 950,000 |
| Pretax income | 727,000 | 1,291,000 | 1,706,000 | 1,890,000 |
| Income tax | 207,000 | 368,000 | 486,000 | 539,000 |
| Net income | 520,000 | 923,000 | 1,220,000 | 1,351,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,702,000 | 44,112,000 | 44,414,000 | 44,553,000 |
| Total capital | 47,129,000 | 47,795,000 | 48,445,000 | 48,641,000 |
| Risk-weighted assets | 389,319,000 | 374,062,000 | 373,163,000 | 383,797,000 |