Call reports 2023
IOWA STATE BANK — 2023
What IOWA STATE 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 | 431,598,000 | 440,293,000 | 446,181,000 | 471,428,000 |
| Total loans | 237,846,000 | 248,724,000 | 261,204,000 | 282,549,000 |
| Allowance for loan losses | 3,852,000 | 3,852,000 | 3,934,000 | 3,976,000 |
| Securities available for sale | 159,030,000 | 151,417,000 | 144,385,000 | 151,149,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 345,049,000 | 337,430,000 | 333,574,000 | 349,750,000 |
| Interest-bearing deposits | 268,010,000 | 260,212,000 | 266,684,000 | 283,789,000 |
| Noninterest-bearing deposits | 77,039,000 | 77,218,000 | 66,890,000 | 65,961,000 |
| Equity capital | 32,006,000 | 31,090,000 | 26,653,000 | 34,391,000 |
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 | 4,244,000 | 8,815,000 | 13,721,000 | 18,827,000 |
| Interest expense | 900,000 | 2,377,000 | 4,353,000 | 6,912,000 |
| Net interest income | 3,344,000 | 6,438,000 | 9,368,000 | 11,915,000 |
| Noninterest income | 404,000 | 769,000 | 1,152,000 | 1,573,000 |
| Noninterest expense | 2,292,000 | 4,506,000 | 6,716,000 | 9,039,000 |
| Provision for loan losses | 0 | 0 | 84,000 | 88,000 |
| Pretax income | 1,500,000 | 2,753,000 | 3,807,000 | 4,527,000 |
| Income tax | 305,000 | 544,000 | 750,000 | 865,000 |
| Net income | 1,195,000 | 2,209,000 | 3,057,000 | 3,662,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,020,000 | 48,774,000 | 49,363,000 | 49,677,000 |
| Total capital | 51,475,000 | 52,404,000 | 53,169,000 | 53,653,000 |
| Risk-weighted assets | 276,075,000 | 290,208,000 | 304,418,000 | 320,798,000 |