Call reports 2023
AVANA BANK — 2023
What AVANA 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 | 35,628,000 | 34,699,000 | 35,008,000 | 37,075,000 |
| Total loans | 13,493,000 | 12,091,000 | 10,479,000 | 9,603,000 |
| Allowance for loan losses | 152,000 | 152,000 | 144,000 | 145,000 |
| Securities available for sale | 3,909,000 | 2,940,000 | 2,946,000 | 3,078,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,705,000 | 25,798,000 | 26,080,000 | 28,112,000 |
| Interest-bearing deposits | 13,389,000 | 13,496,000 | 13,920,000 | 15,661,000 |
| Noninterest-bearing deposits | 13,316,000 | 12,302,000 | 12,160,000 | 12,451,000 |
| Equity capital | 8,856,000 | 8,839,000 | 8,819,000 | 8,864,000 |
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 | 444,000 | 877,000 | 1,326,000 | 1,793,000 |
| Interest expense | 3,000 | 7,000 | 29,000 | 81,000 |
| Net interest income | 441,000 | 870,000 | 1,297,000 | 1,712,000 |
| Noninterest income | 24,000 | 48,000 | 72,000 | 99,000 |
| Noninterest expense | 367,000 | 822,000 | 1,304,000 | 1,708,000 |
| Provision for loan losses | 8,000 | 8,000 | 0 | 1,000 |
| Pretax income | 90,000 | 88,000 | 57,000 | 95,000 |
| Income tax | -37,000 | -19,000 | -25,000 | -17,000 |
| Net income | 127,000 | 107,000 | 82,000 | 112,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,577,000 | 6,564,000 | 6,545,000 | 6,581,000 |