Call reports 2023
TRUNORTH BANK — 2023
What TRUNORTH 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 | 1,608,225,000 | 1,631,309,000 | 1,639,053,000 | 1,662,477,000 |
| Total loans | 1,251,707,000 | 1,288,726,000 | 1,298,185,000 | 1,329,442,000 |
| Allowance for loan losses | 18,641,000 | 19,087,000 | 19,575,000 | 20,013,000 |
| Securities available for sale | 45,319,000 | 44,375,000 | 42,636,000 | 41,239,000 |
| Securities held to maturity | 216,231,000 | 211,952,000 | 211,305,000 | 201,448,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,378,878,000 | 1,402,448,000 | 1,379,498,000 | 1,371,234,000 |
| Interest-bearing deposits | 976,449,000 | 1,003,825,000 | 995,762,000 | 996,801,000 |
| Noninterest-bearing deposits | 402,429,000 | 398,623,000 | 383,736,000 | 374,433,000 |
| Equity capital | 191,981,000 | 195,693,000 | 199,487,000 | 204,636,000 |
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 | 17,066,000 | 35,126,000 | 54,466,000 | 73,757,000 |
| Interest expense | 1,999,000 | 5,334,000 | 9,594,000 | 15,205,000 |
| Net interest income | 15,067,000 | 29,792,000 | 44,872,000 | 58,552,000 |
| Noninterest income | 1,709,000 | 2,802,000 | 3,895,000 | 5,027,000 |
| Noninterest expense | 9,151,000 | 18,208,000 | 27,631,000 | 37,179,000 |
| Provision for loan losses | 300,000 | 750,000 | 1,300,000 | 1,750,000 |
| Pretax income | 6,988,000 | 13,337,000 | 19,341,000 | 24,647,000 |
| Income tax | 1,873,000 | 3,574,000 | 5,183,000 | 6,473,000 |
| Net income | 5,115,000 | 9,763,000 | 14,158,000 | 18,174,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 191,040,000 | 195,135,000 | 199,618,000 | 203,691,000 |
| Total capital | 205,878,000 | 210,344,000 | 214,921,000 | 219,300,000 |
| Risk-weighted assets | 1,182,320,000 | 1,211,984,000 | 1,218,999,000 | 1,243,510,000 |