Call reports 2023
STUDIO BANK — 2023
What STUDIO 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 | 843,458,000 | 939,261,000 | 915,557,000 | 989,815,000 |
| Total loans | 658,854,000 | 699,047,000 | 711,513,000 | 754,246,000 |
| Allowance for loan losses | 6,647,000 | 7,064,000 | 7,890,000 | 8,889,000 |
| Securities available for sale | 53,644,000 | 51,692,000 | 86,115,000 | 120,043,000 |
| Securities held to maturity | 45,731,000 | 45,034,000 | 44,389,000 | 43,847,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 736,523,000 | 842,491,000 | 799,635,000 | 763,759,000 |
| Interest-bearing deposits | 590,797,000 | 695,061,000 | 657,811,000 | 629,710,000 |
| Noninterest-bearing deposits | 145,726,000 | 147,430,000 | 141,824,000 | 134,049,000 |
| Equity capital | 89,199,000 | 89,428,000 | 88,326,000 | 87,832,000 |
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 | 10,288,000 | 21,763,000 | 35,022,000 | 49,080,000 |
| Interest expense | 4,254,000 | 9,955,000 | 17,131,000 | 24,995,000 |
| Net interest income | 6,034,000 | 11,808,000 | 17,891,000 | 24,085,000 |
| Noninterest income | 612,000 | 1,318,000 | 2,341,000 | 3,109,000 |
| Noninterest expense | 5,175,000 | 9,972,000 | 14,662,000 | 19,286,000 |
| Provision for loan losses | 186,000 | 602,000 | 1,429,000 | 2,428,000 |
| Pretax income | 1,351,000 | 2,608,000 | 4,104,000 | 5,639,000 |
| Income tax | 302,000 | 605,000 | 919,000 | 1,545,000 |
| Net income | 1,049,000 | 2,003,000 | 3,185,000 | 4,094,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 96,189,000 | 97,144,000 | 98,325,000 | 94,044,000 |
| Total capital | 103,922,000 | 105,302,000 | 107,405,000 | 103,925,000 |
| Risk-weighted assets | 702,797,000 | 769,225,000 | 800,642,000 | 804,950,000 |