Call reports 2023
HANOVER COMMUNITY BANK — 2023
What HANOVER COMMUNITY 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 | 2,071,369,000 | 2,121,181,000 | 2,148,690,000 | 2,269,227,000 |
| Total loans | 1,787,365,000 | 1,823,503,000 | 1,874,562,000 | 1,965,531,000 |
| Allowance for loan losses | 14,879,000 | 15,369,000 | 14,686,000 | 19,658,000 |
| Securities available for sale | 11,849,000 | 11,094,000 | 10,889,000 | 61,419,000 |
| Securities held to maturity | 4,263,000 | 4,180,000 | 4,108,000 | 4,041,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,708,260,000 | 1,593,703,000 | 1,735,799,000 | 1,904,934,000 |
| Interest-bearing deposits | 1,528,682,000 | 1,413,336,000 | 1,549,339,000 | 1,696,814,000 |
| Noninterest-bearing deposits | 179,578,000 | 180,367,000 | 186,460,000 | 208,120,000 |
| Equity capital | 204,377,000 | 207,011,000 | 209,554,000 | 208,584,000 |
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 | 25,060,000 | 53,519,000 | 82,471,000 | 113,627,000 |
| Interest expense | 10,803,000 | 25,423,000 | 42,273,000 | 60,444,000 |
| Net interest income | 14,257,000 | 28,096,000 | 40,198,000 | 53,183,000 |
| Noninterest income | 1,756,000 | 3,731,000 | 7,438,000 | 10,692,000 |
| Noninterest expense | 10,502,000 | 21,042,000 | 31,304,000 | 41,931,000 |
| Provision for loan losses | 932,000 | 1,432,000 | 1,932,000 | 2,132,000 |
| Pretax income | 4,579,000 | 9,353,000 | 14,400,000 | 19,812,000 |
| Income tax | 1,037,000 | 2,410,000 | 3,637,000 | 4,981,000 |
| Net income | 3,542,000 | 6,943,000 | 10,763,000 | 14,831,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 185,449,000 | 188,568,000 | 190,928,000 | 193,324,000 |
| Total capital | 200,499,000 | 204,109,000 | 205,786,000 | 210,071,000 |
| Risk-weighted assets | 1,439,292,000 | 1,433,420,000 | 1,409,438,000 | 1,468,397,000 |