Call reports 2023
SPENCER COUNTY BANK — 2023
What SPENCER COUNTY 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 | 127,648,000 | 126,024,000 | 124,907,000 | 123,205,000 |
| Total loans | 81,021,000 | 82,885,000 | 82,172,000 | 82,508,000 |
| Allowance for loan losses | 537,000 | 542,000 | 546,000 | 542,000 |
| Securities available for sale | 29,528,000 | 28,486,000 | 27,173,000 | 27,249,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 112,159,000 | 110,645,000 | 109,344,000 | 107,256,000 |
| Interest-bearing deposits | 83,911,000 | 82,937,000 | 81,683,000 | 80,773,000 |
| Noninterest-bearing deposits | 28,248,000 | 27,708,000 | 27,661,000 | 26,483,000 |
| Equity capital | 14,880,000 | 14,702,000 | 14,756,000 | 15,486,000 |
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 | 1,228,000 | 2,527,000 | 3,911,000 | 5,270,000 |
| Interest expense | 158,000 | 360,000 | 600,000 | 881,000 |
| Net interest income | 1,070,000 | 2,167,000 | 3,311,000 | 4,389,000 |
| Noninterest income | 396,000 | 545,000 | 728,000 | 969,000 |
| Noninterest expense | 858,000 | 1,750,000 | 2,675,000 | 3,617,000 |
| Provision for loan losses | 0 | 3,000 | 12,000 | 27,000 |
| Pretax income | 608,000 | 959,000 | 1,352,000 | 1,714,000 |
| Income tax | 78,000 | 149,000 | 232,000 | 361,000 |
| Net income | 530,000 | 810,000 | 1,120,000 | 1,353,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,243,000 | 16,523,000 | 16,832,000 | 16,993,000 |