Call reports 2023
EVERTRUST BANK — 2023
What EVERTRUST 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 | 842,561,000 | 907,682,000 | 887,197,000 | 871,052,000 |
| Total loans | 585,900,000 | 596,546,000 | 593,163,000 | 652,881,000 |
| Allowance for loan losses | 9,075,000 | 9,075,000 | 9,075,000 | 24,366,000 |
| Securities available for sale | 87,566,000 | 84,766,000 | 81,135,000 | 84,481,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 604,892,000 | 664,280,000 | 637,383,000 | 632,730,000 |
| Interest-bearing deposits | 490,305,000 | 551,498,000 | 539,475,000 | 524,115,000 |
| Noninterest-bearing deposits | 114,587,000 | 112,782,000 | 97,908,000 | 108,615,000 |
| Equity capital | 219,422,000 | 222,281,000 | 224,913,000 | 220,731,000 |
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 | 11,674,000 | 24,203,000 | 37,602,000 | 50,246,000 |
| Interest expense | 2,596,000 | 6,155,000 | 10,373,000 | 14,899,000 |
| Net interest income | 9,078,000 | 18,048,000 | 27,229,000 | 35,347,000 |
| Noninterest income | 260,000 | 475,000 | 637,000 | 957,000 |
| Noninterest expense | 4,434,000 | 8,638,000 | 12,853,000 | 15,469,000 |
| Provision for loan losses | -722,000 | -722,000 | -722,000 | 14,569,000 |
| Pretax income | 5,104,000 | 10,085,000 | 15,213,000 | 5,744,000 |
| Income tax | 1,504,000 | 2,972,000 | 4,484,000 | 1,586,000 |
| Net income | 3,600,000 | 7,113,000 | 10,729,000 | 4,158,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 189,180,000 | 192,697,000 | 196,298,000 | 189,723,000 |