FACTANKER · measured, cited, anchored official records connected

Call reports 2023

SANGER BANK — 2023

What SANGER BANK reported to the FFIEC in 2023, quarter by quarter.

PERIOD: 2023SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/2e876f23-2fe6-41d7-bdd1-2238caeca053/2023

Balance sheet

What the bank holds and owes at quarter end

Measure2023Q12023Q22023Q32023Q4
Total assets201,472,000203,280,000207,971,000207,323,000
Total loans121,924,000121,619,000118,126,000122,155,000
Allowance for loan losses1,427,0001,487,0001,547,0001,565,000
Securities available for sale1,841,0001,747,0001,605,0001,640,000
Securities held to maturity31,606,00030,975,00034,970,00034,759,000
Trading assets0000
Total deposits171,505,000172,486,000176,282,000175,138,000
Interest-bearing deposits121,262,000121,582,000124,600,000126,880,000
Noninterest-bearing deposits50,243,00050,904,00051,682,00048,258,000
Equity capital28,863,00029,583,00030,307,00030,743,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2023Q12023Q22023Q32023Q4
Interest income2,349,0004,891,0007,628,00010,511,000
Interest expense424,0001,075,0001,874,0002,754,000
Net interest income1,925,0003,816,0005,754,0007,757,000
Noninterest income217,000444,000662,000877,000
Noninterest expense1,160,0002,298,0003,423,0004,711,000
Provision for loan losses95,000165,000225,000243,000
Pretax income887,0001,797,0002,768,0003,680,000
Income tax182,000366,000563,000670,000
Net income705,0001,431,0002,205,0003,010,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2023Q12023Q22023Q32023Q4
Tier 1 capital29,128,00029,854,00030,628,00030,983,000
Total capital30,555,00031,341,00032,175,00032,548,000
Risk-weighted assets129,511,000131,514,000128,302,000133,377,000