Call reports 2023
CROSS BANK — 2023
What CROSS 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 | 380,607,000 | 406,659,000 | 405,516,000 | 422,252,000 |
| Total loans | 303,564,000 | 335,820,000 | 354,956,000 | 336,832,000 |
| Allowance for loan losses | 5,148,000 | 5,283,000 | 6,044,000 | 6,061,000 |
| Securities available for sale | 442,000 | 414,000 | 387,000 | 385,000 |
| Securities held to maturity | 32,155,000 | 21,641,000 | 11,268,000 | 11,947,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 332,213,000 | 358,190,000 | 355,837,000 | 371,944,000 |
| Interest-bearing deposits | 250,646,000 | 271,666,000 | 268,187,000 | 277,669,000 |
| Noninterest-bearing deposits | 81,567,000 | 86,524,000 | 87,650,000 | 94,275,000 |
| Equity capital | 45,479,000 | 45,930,000 | 47,784,000 | 47,963,000 |
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 | 5,244,000 | 11,101,000 | 17,470,000 | 24,230,000 |
| Interest expense | 890,000 | 2,124,000 | 3,724,000 | 5,335,000 |
| Net interest income | 4,354,000 | 8,977,000 | 13,746,000 | 18,895,000 |
| Noninterest income | 510,000 | 729,000 | 1,348,000 | 2,030,000 |
| Noninterest expense | 2,568,000 | 5,322,000 | 7,917,000 | 11,552,000 |
| Provision for loan losses | 83,000 | 241,000 | 1,025,000 | 1,147,000 |
| Pretax income | 2,194,000 | 4,135,000 | 6,771,000 | 8,772,000 |
| Income tax | 509,000 | 963,000 | 1,633,000 | 2,163,000 |
| Net income | 1,685,000 | 3,172,000 | 5,138,000 | 6,609,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,472,000 | 41,942,000 | 43,816,000 | 44,346,000 |