Call report 2023Q2
M1 BANK — 2023Q2
The 22 measures M1 BANK reported to the FFIEC for 2023Q2, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 858,586,000 | USD | evidence → |
| Total loans | 697,292,000 | USD | evidence → |
| Allowance for loan losses | 5,578,000 | USD | evidence → |
| Securities available for sale | 28,435,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 756,131,000 | USD | evidence → |
| Interest-bearing deposits | 705,068,000 | USD | evidence → |
| Noninterest-bearing deposits | 51,063,000 | USD | evidence → |
| Equity capital | 80,001,000 | USD | evidence → |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | Value | Unit | Source |
|---|---|---|---|
| Interest income | 35,989,000 | USD | evidence → |
| Interest expense | 12,286,000 | USD | evidence → |
| Net interest income | 23,703,000 | USD | evidence → |
| Noninterest income | 70,000 | USD | evidence → |
| Noninterest expense | 4,966,000 | USD | evidence → |
| Provision for loan losses | 307,000 | USD | evidence → |
| Pretax income | 17,871,000 | USD | evidence → |
| Income tax | 3,937,000 | USD | evidence → |
| Net income | 13,934,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 84,502,000 | USD | evidence → |