Call reports 2023
SHELL LAKE STATE BANK — 2023
What SHELL LAKE 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 | 303,108,000 | 311,672,000 | 319,481,000 | 326,699,000 |
| Total loans | 181,975,000 | 192,425,000 | 205,819,000 | 208,896,000 |
| Allowance for loan losses | 2,357,000 | 2,375,000 | 2,433,000 | 2,472,000 |
| Securities available for sale | 104,204,000 | 101,090,000 | 94,289,000 | 97,816,000 |
| Securities held to maturity | 2,250,000 | 2,250,000 | 2,250,000 | 2,250,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 262,369,000 | 264,769,000 | 268,103,000 | 270,046,000 |
| Interest-bearing deposits | 192,493,000 | 192,548,000 | 197,081,000 | 200,574,000 |
| Noninterest-bearing deposits | 69,876,000 | 72,221,000 | 71,022,000 | 69,472,000 |
| Equity capital | 29,124,000 | 28,450,000 | 24,424,000 | 30,177,000 |
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 | 2,659,000 | 5,469,000 | 8,579,000 | 11,921,000 |
| Interest expense | 563,000 | 1,355,000 | 2,417,000 | 3,659,000 |
| Net interest income | 2,096,000 | 4,114,000 | 6,162,000 | 8,262,000 |
| Noninterest income | 233,000 | 512,000 | 794,000 | 1,054,000 |
| Noninterest expense | 1,359,000 | 2,858,000 | 4,284,000 | 6,114,000 |
| Provision for loan losses | -181,000 | -157,000 | -104,000 | -36,000 |
| Pretax income | 1,000,000 | 1,764,000 | 2,628,000 | 3,112,000 |
| Income tax | 9,000 | 11,000 | 18,000 | 22,000 |
| Net income | 991,000 | 1,753,000 | 2,610,000 | 3,090,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,442,000 | 39,363,000 | 39,428,000 | 39,277,000 |