Call reports 2023
SHELBY COUNTY STATE BANK — 2023
What SHELBY COUNTY 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 | 541,985,000 | 524,883,000 | 532,540,000 | 555,337,000 |
| Total loans | 337,275,000 | 328,178,000 | 337,632,000 | 354,106,000 |
| Allowance for loan losses | 3,229,000 | 3,279,000 | 3,503,000 | 3,786,000 |
| Securities available for sale | 143,457,000 | 138,714,000 | 134,445,000 | 142,770,000 |
| Securities held to maturity | 3,419,000 | 2,840,000 | 2,833,000 | 2,826,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 485,870,000 | 471,290,000 | 477,561,000 | 472,051,000 |
| Interest-bearing deposits | 350,525,000 | 348,698,000 | 358,948,000 | 346,729,000 |
| Noninterest-bearing deposits | 135,345,000 | 122,592,000 | 118,613,000 | 125,322,000 |
| Equity capital | 53,894,000 | 52,016,000 | 50,693,000 | 55,246,000 |
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 | 4,955,000 | 10,146,000 | 15,507,000 | 21,140,000 |
| Interest expense | 934,000 | 2,226,000 | 3,787,000 | 5,725,000 |
| Net interest income | 4,021,000 | 7,920,000 | 11,720,000 | 15,415,000 |
| Noninterest income | 475,000 | 919,000 | 1,504,000 | 1,964,000 |
| Noninterest expense | 2,752,000 | 6,588,000 | 9,262,000 | 11,777,000 |
| Provision for loan losses | 25,000 | 85,000 | 310,000 | 595,000 |
| Pretax income | 1,741,000 | 2,189,000 | 3,676,000 | 5,035,000 |
| Income tax | 355,000 | 403,000 | 705,000 | 976,000 |
| Net income | 1,386,000 | 1,786,000 | 2,971,000 | 4,059,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 49,925,000 | 49,794,000 | 50,447,000 | 51,003,000 |
| Total capital | 53,154,000 | 53,073,000 | 53,950,000 | 54,789,000 |
| Risk-weighted assets | 381,204,000 | 363,367,000 | 375,220,000 | 385,364,000 |