Call reports 2023
CONCORDIA BANK & TRUST COMPANY — 2023
What CONCORDIA 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 | 658,153,000 | 667,660,000 | 665,114,000 | 686,464,000 |
| Total loans | 333,810,000 | 364,688,000 | 364,197,000 | 369,690,000 |
| Allowance for loan losses | 3,074,000 | 3,132,000 | 3,290,000 | 3,988,000 |
| Securities available for sale | 158,200,000 | 149,787,000 | 138,928,000 | 142,093,000 |
| Securities held to maturity | 113,309,000 | 111,360,000 | 112,262,000 | 110,328,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 588,007,000 | 557,380,000 | 565,017,000 | 569,318,000 |
| Interest-bearing deposits | 388,070,000 | 366,255,000 | 375,662,000 | 392,618,000 |
| Noninterest-bearing deposits | 199,937,000 | 191,126,000 | 189,354,000 | 176,699,000 |
| Equity capital | 53,877,000 | 51,929,000 | 51,472,000 | 56,907,000 |
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 | 6,640,000 | 13,463,000 | 20,704,000 | 28,029,000 |
| Interest expense | 1,367,000 | 3,445,000 | 6,139,000 | 8,979,000 |
| Net interest income | 5,273,000 | 10,018,000 | 14,565,000 | 19,050,000 |
| Noninterest income | 752,000 | 1,470,000 | 5,945,000 | 7,152,000 |
| Noninterest expense | 4,050,000 | 8,072,000 | 12,474,000 | 16,817,000 |
| Provision for loan losses | 47,000 | 101,000 | 282,000 | 995,000 |
| Pretax income | 1,948,000 | 3,452,000 | 7,878,000 | 8,795,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,948,000 | 3,452,000 | 7,878,000 | 8,795,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 69,046,000 | 68,550,000 | 72,266,000 | 71,188,000 |