Call reports 2023
FIRST NATIONAL BANK OF ALLENDALE, THE — 2023
What FIRST NATIONAL BANK OF ALLENDALE, THE 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 | 362,621,000 | 367,598,000 | 368,177,000 | 380,160,000 |
| Total loans | 239,440,000 | 255,364,000 | 255,741,000 | 262,680,000 |
| Allowance for loan losses | 2,611,000 | 2,735,000 | 2,829,000 | 2,865,000 |
| Securities available for sale | 84,014,000 | 82,701,000 | 79,825,000 | 80,834,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 315,183,000 | 308,490,000 | 316,051,000 | 327,542,000 |
| Interest-bearing deposits | 246,040,000 | 246,122,000 | 251,392,000 | 260,224,000 |
| Noninterest-bearing deposits | 69,143,000 | 62,368,000 | 64,659,000 | 67,318,000 |
| Equity capital | 27,192,000 | 26,931,000 | 26,654,000 | 29,697,000 |
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 | 3,581,000 | 7,562,000 | 11,799,000 | 16,207,000 |
| Interest expense | 1,072,000 | 2,417,000 | 4,171,000 | 5,968,000 |
| Net interest income | 2,509,000 | 5,145,000 | 7,628,000 | 10,239,000 |
| Noninterest income | 263,000 | 551,000 | 834,000 | 1,119,000 |
| Noninterest expense | 1,831,000 | 3,564,000 | 5,334,000 | 7,187,000 |
| Provision for loan losses | 105,000 | 210,000 | 315,000 | 420,000 |
| Pretax income | 836,000 | 1,873,000 | 2,748,000 | 3,686,000 |
| Income tax | 181,000 | 446,000 | 636,000 | 561,000 |
| Net income | 655,000 | 1,427,000 | 2,112,000 | 3,125,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,618,000 | 33,554,000 | 34,241,000 | 34,451,000 |