Call reports 2023
SOUTHWESTERN NATIONAL BANK — 2023
What SOUTHWESTERN NATIONAL 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 | 970,237,000 | 1,006,115,000 | 1,021,571,000 | 1,109,185,000 |
| Total loans | 822,886,000 | 858,211,000 | 905,412,000 | 947,898,000 |
| Allowance for loan losses | 11,300,000 | 11,405,000 | 11,405,000 | 11,450,000 |
| Securities available for sale | 31,883,000 | 30,524,000 | 34,498,000 | 34,273,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 844,027,000 | 879,069,000 | 892,458,000 | 976,357,000 |
| Interest-bearing deposits | 703,726,000 | 733,972,000 | 744,888,000 | 825,976,000 |
| Noninterest-bearing deposits | 140,302,000 | 145,098,000 | 147,570,000 | 150,381,000 |
| Equity capital | 119,312,000 | 120,579,000 | 122,102,000 | 125,137,000 |
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 | 12,746,000 | 26,453,000 | 41,160,000 | 57,385,000 |
| Interest expense | 4,983,000 | 10,799,000 | 17,456,000 | 25,394,000 |
| Net interest income | 7,763,000 | 15,654,000 | 23,704,000 | 31,991,000 |
| Noninterest income | 889,000 | 2,176,000 | 3,046,000 | 3,813,000 |
| Noninterest expense | 5,858,000 | 12,339,000 | 18,713,000 | 24,892,000 |
| Provision for loan losses | 0 | 68,000 | 68,000 | 155,000 |
| Pretax income | 2,684,000 | 5,452,000 | 7,803,000 | 10,465,000 |
| Income tax | 544,000 | 1,177,000 | 1,649,000 | 2,110,000 |
| Net income | 2,140,000 | 4,275,000 | 6,154,000 | 8,355,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 121,785,000 | 123,187,000 | 125,065,000 | 127,266,000 |
| Total capital | 132,416,000 | 134,113,000 | 136,278,000 | 138,664,000 |
| Risk-weighted assets | 848,977,000 | 872,909,000 | 896,021,000 | 910,838,000 |