Call reports 2023
FIRST SECURE STATE BANK — 2023
What FIRST SECURE STATE 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 | 284,298,000 | 286,630,000 | 283,744,000 | 282,380,000 |
| Total loans | 159,056,000 | 153,893,000 | 151,789,000 | 154,305,000 |
| Allowance for loan losses | 813,000 | 1,043,000 | 1,291,000 | 1,448,000 |
| Securities available for sale | 63,615,000 | 56,321,000 | 54,923,000 | 49,290,000 |
| Securities held to maturity | 250,000 | 250,000 | 250,000 | 250,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 223,843,000 | 224,890,000 | 234,078,000 | 242,404,000 |
| Interest-bearing deposits | 179,538,000 | 184,036,000 | 193,738,000 | 201,072,000 |
| Noninterest-bearing deposits | 44,305,000 | 40,854,000 | 40,340,000 | 41,332,000 |
| Equity capital | 30,418,000 | 30,512,000 | 30,296,000 | 31,802,000 |
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 | 2,638,000 | 5,354,000 | 8,317,000 | 11,321,000 |
| Interest expense | 324,000 | 849,000 | 1,610,000 | 2,478,000 |
| Net interest income | 2,314,000 | 4,505,000 | 6,707,000 | 8,843,000 |
| Noninterest income | 99,000 | 363,000 | 663,000 | 882,000 |
| Noninterest expense | 1,799,000 | 3,747,000 | 5,631,000 | 7,697,000 |
| Provision for loan losses | 285,000 | 510,000 | 785,000 | 935,000 |
| Pretax income | 329,000 | 611,000 | 954,000 | 1,093,000 |
| Income tax | 94,000 | 174,000 | 272,000 | 312,000 |
| Net income | 235,000 | 437,000 | 682,000 | 781,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,595,000 | 32,799,000 | 33,047,000 | 33,149,000 |
| Total capital | 33,408,000 | 33,842,000 | 34,338,000 | 34,597,000 |
| Risk-weighted assets | 176,677,000 | 172,061,000 | 169,505,000 | 172,055,000 |