Call reports 2023
STURDY SAVINGS BANK — 2023
What STURDY SAVINGS 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 | 1,213,234,000 | 1,206,297,000 | 1,248,344,000 | 1,202,967,000 |
| Total loans | 568,501,000 | 578,021,000 | 571,723,000 | 571,200,000 |
| Allowance for loan losses | 3,292,000 | 3,382,000 | 3,397,000 | 3,419,000 |
| Securities available for sale | 225,749,000 | 212,394,000 | 205,924,000 | 202,930,000 |
| Securities held to maturity | 309,651,000 | 304,396,000 | 298,379,000 | 293,567,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,044,016,000 | 1,024,902,000 | 1,064,685,000 | 1,004,616,000 |
| Interest-bearing deposits | 821,538,000 | 785,097,000 | 820,067,000 | 796,049,000 |
| Noninterest-bearing deposits | 222,478,000 | 239,805,000 | 244,618,000 | 208,567,000 |
| Equity capital | 63,996,000 | 64,587,000 | 65,683,000 | 70,114,000 |
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 | 9,203,000 | 18,782,000 | 28,809,000 | 39,090,000 |
| Interest expense | 1,800,000 | 4,716,000 | 7,789,000 | 11,124,000 |
| Net interest income | 7,403,000 | 14,066,000 | 21,020,000 | 27,966,000 |
| Noninterest income | 929,000 | 2,012,000 | 3,158,000 | 4,122,000 |
| Noninterest expense | 7,399,000 | 14,794,000 | 21,962,000 | 29,119,000 |
| Provision for loan losses | 93,000 | 186,000 | 201,000 | 222,000 |
| Pretax income | 890,000 | 1,104,000 | 1,938,000 | 2,546,000 |
| Income tax | 161,000 | 117,000 | 245,000 | 325,000 |
| Net income | 729,000 | 987,000 | 1,693,000 | 2,221,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 96,108,000 | 96,415,000 | 97,170,000 | 97,747,000 |
| Total capital | 99,454,000 | 99,851,000 | 100,621,000 | 101,227,000 |
| Risk-weighted assets | 684,904,000 | 676,519,000 | 662,559,000 | 663,352,000 |