Call reports 2023
ALGONQUIN STATE BANK — 2023
What ALGONQUIN 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 | 146,040,000 | 144,571,000 | 139,604,000 | 138,959,000 |
| Total loans | 87,020,000 | 82,266,000 | 82,795,000 | 79,509,000 |
| Allowance for loan losses | 606,000 | 584,000 | 585,000 | 575,000 |
| Securities available for sale | 47,777,000 | 46,274,000 | 43,914,000 | 45,904,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 132,269,000 | 131,018,000 | 127,577,000 | 124,450,000 |
| Interest-bearing deposits | 88,913,000 | 93,320,000 | 91,663,000 | 90,236,000 |
| Noninterest-bearing deposits | 43,356,000 | 37,698,000 | 35,914,000 | 34,214,000 |
| Equity capital | 8,826,000 | 9,162,000 | 7,600,000 | 10,279,000 |
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 | 1,555,000 | 3,134,000 | 4,749,000 | 6,342,000 |
| Interest expense | 52,000 | 298,000 | 652,000 | 1,023,000 |
| Net interest income | 1,503,000 | 2,836,000 | 4,097,000 | 5,319,000 |
| Noninterest income | 82,000 | 162,000 | 245,000 | 326,000 |
| Noninterest expense | 1,045,000 | 2,107,000 | 3,179,000 | 4,215,000 |
| Provision for loan losses | 0 | -22,000 | -22,000 | -32,000 |
| Pretax income | 457,000 | 792,000 | 1,064,000 | 1,333,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 457,000 | 792,000 | 1,064,000 | 1,333,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,857,000 | 18,192,000 | 18,464,000 | 18,733,000 |