Call reports 2023
NANTAHALA BANK & TRUST COMPANY — 2023
What NANTAHALA BANK & TRUST COMPANY 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 | 267,479,000 | 272,377,000 | 271,227,000 | 278,445,000 |
| Total loans | 156,811,000 | 159,634,000 | 166,794,000 | 178,886,000 |
| Allowance for loan losses | 1,801,000 | 1,812,000 | 1,936,000 | 1,952,000 |
| Securities available for sale | 24,421,000 | 24,047,000 | 23,862,000 | 22,122,000 |
| Securities held to maturity | 64,088,000 | 64,099,000 | 58,988,000 | 58,896,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 241,681,000 | 242,886,000 | 245,712,000 | 240,374,000 |
| Interest-bearing deposits | 167,429,000 | 168,879,000 | 172,729,000 | 168,697,000 |
| Noninterest-bearing deposits | 74,252,000 | 74,007,000 | 72,983,000 | 71,677,000 |
| Equity capital | 19,037,000 | 19,201,000 | 19,363,000 | 19,799,000 |
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 | 2,375,000 | 4,926,000 | 7,736,000 | 10,740,000 |
| Interest expense | 520,000 | 1,291,000 | 2,299,000 | 3,438,000 |
| Net interest income | 1,855,000 | 3,635,000 | 5,437,000 | 7,302,000 |
| Noninterest income | 258,000 | 687,000 | 970,000 | 1,207,000 |
| Noninterest expense | 1,782,000 | 3,606,000 | 5,311,000 | 7,270,000 |
| Provision for loan losses | 0 | 0 | 115,000 | 127,000 |
| Pretax income | 368,000 | 733,000 | 908,000 | 1,092,000 |
| Income tax | 92,000 | 183,000 | 208,000 | 253,000 |
| Net income | 276,000 | 550,000 | 700,000 | 839,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,828,000 | 17,193,000 | 17,370,000 | 17,553,000 |
| Total capital | 18,693,000 | 19,090,000 | 19,411,000 | 19,626,000 |
| Risk-weighted assets | 155,879,000 | 157,768,000 | 163,235,000 | 168,174,000 |