Call reports 2023
POTOMAC BANK, INC. — 2023
What POTOMAC BANK, INC. 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 | 791,449,000 | 793,064,000 | 808,630,000 | 829,546,000 |
| Total loans | 627,302,000 | 647,225,000 | 652,848,000 | 652,038,000 |
| Allowance for loan losses | 6,574,000 | 6,758,000 | 6,768,000 | 6,673,000 |
| Securities available for sale | 88,399,000 | 85,168,000 | 82,392,000 | 83,929,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 704,739,000 | 706,759,000 | 721,474,000 | 739,848,000 |
| Interest-bearing deposits | 538,714,000 | 537,179,000 | 561,341,000 | 578,058,000 |
| Noninterest-bearing deposits | 166,025,000 | 169,580,000 | 160,133,000 | 161,790,000 |
| Equity capital | 71,238,000 | 71,193,000 | 71,381,000 | 75,604,000 |
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 | 8,032,000 | 16,575,000 | 25,750,000 | 35,575,000 |
| Interest expense | 1,370,000 | 3,503,000 | 6,115,000 | 9,009,000 |
| Net interest income | 6,662,000 | 13,072,000 | 19,635,000 | 26,566,000 |
| Noninterest income | 1,356,000 | 3,047,000 | 4,678,000 | 6,324,000 |
| Noninterest expense | 5,112,000 | 10,576,000 | 16,120,000 | 22,202,000 |
| Provision for loan losses | 0 | 166,000 | 182,000 | 162,000 |
| Pretax income | 2,875,000 | 5,321,000 | 7,697,000 | 10,038,000 |
| Income tax | 649,000 | 1,185,000 | 1,723,000 | 2,234,000 |
| Net income | 2,226,000 | 4,136,000 | 5,974,000 | 7,804,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 79,232,000 | 80,572,000 | 81,746,000 | 83,160,000 |
| Total capital | 85,806,000 | 87,330,000 | 88,798,000 | 90,139,000 |
| Risk-weighted assets | 619,873,000 | 642,947,000 | 647,409,000 | 645,377,000 |