Call reports 2023
FLANAGAN STATE BANK — 2023
What FLANAGAN 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 | 262,570,000 | 267,015,000 | 274,010,000 | 280,577,000 |
| Total loans | 126,239,000 | 136,483,000 | 144,128,000 | 146,242,000 |
| Allowance for loan losses | 1,286,000 | 1,318,000 | 1,344,000 | 1,363,000 |
| Securities available for sale | 116,332,000 | 112,849,000 | 108,031,000 | 111,562,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 248,690,000 | 240,616,000 | 247,034,000 | 255,225,000 |
| Interest-bearing deposits | 190,486,000 | 189,496,000 | 196,219,000 | 203,034,000 |
| Noninterest-bearing deposits | 58,204,000 | 51,120,000 | 50,815,000 | 52,191,000 |
| Equity capital | 12,142,000 | 11,556,000 | 9,259,000 | 13,384,000 |
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 | 2,222,000 | 4,609,000 | 7,311,000 | 10,135,000 |
| Interest expense | 305,000 | 796,000 | 1,669,000 | 2,697,000 |
| Net interest income | 1,917,000 | 3,813,000 | 5,642,000 | 7,438,000 |
| Noninterest income | 1,929,000 | 5,015,000 | 7,630,000 | 10,127,000 |
| Noninterest expense | 3,999,000 | 8,509,000 | 13,093,000 | 17,398,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | -183,000 | 259,000 | 89,000 | 47,000 |
| Income tax | 1,000 | 1,000 | -134,000 | -134,000 |
| Net income | -184,000 | 258,000 | 223,000 | 181,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,207,000 | 26,607,000 | 26,398,000 | 26,322,000 |