Call reports 2023
MOVEMENT BANK — 2023
What MOVEMENT 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 | 145,228,000 | 141,909,000 | 149,394,000 | 150,611,000 |
| Total loans | 104,466,000 | 105,634,000 | 103,543,000 | 113,645,000 |
| Allowance for loan losses | 998,000 | 917,000 | 843,000 | 913,000 |
| Securities available for sale | 15,457,000 | 15,050,000 | 14,161,000 | 14,755,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 126,097,000 | 123,113,000 | 131,428,000 | 130,278,000 |
| Interest-bearing deposits | 68,758,000 | 62,548,000 | 75,435,000 | 79,780,000 |
| Noninterest-bearing deposits | 57,339,000 | 60,565,000 | 55,993,000 | 50,498,000 |
| Equity capital | 17,467,000 | 17,064,000 | 16,278,000 | 16,339,000 |
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 | 1,597,000 | 3,247,000 | 4,888,000 | 6,696,000 |
| Interest expense | 515,000 | 1,054,000 | 1,705,000 | 2,459,000 |
| Net interest income | 1,082,000 | 2,193,000 | 3,183,000 | 4,237,000 |
| Noninterest income | 510,000 | 1,247,000 | 1,823,000 | 2,203,000 |
| Noninterest expense | 2,797,000 | 4,920,000 | 6,835,000 | 8,988,000 |
| Provision for loan losses | -22,000 | 6,000 | -7,000 | -14,000 |
| Pretax income | -1,183,000 | -1,492,000 | -1,823,000 | -2,545,000 |
| Income tax | -432,000 | -501,000 | -574,000 | -734,000 |
| Net income | -751,000 | -991,000 | -1,249,000 | -1,811,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,838,000 | 17,268,000 | 16,937,000 | 16,215,000 |
| Total capital | 18,836,000 | 18,185,000 | 17,780,000 | 17,151,000 |
| Risk-weighted assets | 107,755,000 | 108,304,000 | 108,314,000 | 119,382,000 |