Call reports 2023
AMERICAN MOMENTUM BANK — 2023
What AMERICAN MOMENTUM 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 | 2,768,572,000 | 2,655,815,000 | 2,579,369,000 | 2,584,392,000 |
| Total loans | 1,680,656,000 | 1,773,591,000 | 1,798,126,000 | 1,865,216,000 |
| Allowance for loan losses | 20,495,000 | 21,402,000 | 21,351,000 | 21,238,000 |
| Securities available for sale | 433,964,000 | 412,511,000 | 390,211,000 | 386,883,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,265,361,000 | 2,147,278,000 | 2,061,586,000 | 2,048,939,000 |
| Interest-bearing deposits | 1,138,349,000 | 1,081,409,000 | 1,038,697,000 | 1,077,826,000 |
| Noninterest-bearing deposits | 1,127,012,000 | 1,065,869,000 | 1,022,889,000 | 971,113,000 |
| Equity capital | 455,354,000 | 464,437,000 | 473,308,000 | 496,143,000 |
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 | 35,993,000 | 73,106,000 | 110,462,000 | 147,917,000 |
| Interest expense | 2,561,000 | 7,119,000 | 12,333,000 | 18,247,000 |
| Net interest income | 33,432,000 | 65,987,000 | 98,129,000 | 129,670,000 |
| Noninterest income | 2,947,000 | 6,310,000 | 10,228,000 | 13,936,000 |
| Noninterest expense | 17,543,000 | 34,626,000 | 51,933,000 | 67,623,000 |
| Provision for loan losses | 0 | 775,000 | 775,000 | 1,185,000 |
| Pretax income | 19,039,000 | 36,911,000 | 55,109,000 | 74,990,000 |
| Income tax | 4,483,000 | 8,714,000 | 13,027,000 | 17,739,000 |
| Net income | 14,556,000 | 28,197,000 | 42,082,000 | 57,251,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 348,952,000 | 363,018,000 | 376,602,000 | 392,029,000 |
| Total capital | 370,571,000 | 385,637,000 | 399,169,000 | 415,910,000 |
| Risk-weighted assets | 2,061,772,000 | 2,177,456,000 | 2,150,491,000 | 2,204,964,000 |