Call reports 2023
KINDRED STATE BANK — 2023
What KINDRED 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 | 46,498,000 | 39,700,000 | 38,776,000 | 42,702,000 |
| Total loans | 17,816,000 | 18,582,000 | 19,260,000 | 19,741,000 |
| Allowance for loan losses | 139,000 | 139,000 | 168,000 | 161,000 |
| Securities available for sale | 1,984,000 | 0 | 0 | 956,000 |
| Securities held to maturity | 3,781,000 | 3,775,000 | 3,770,000 | 3,266,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,458,000 | 36,479,000 | 35,422,000 | 39,234,000 |
| Interest-bearing deposits | 31,684,000 | 27,201,000 | 25,881,000 | 28,092,000 |
| Noninterest-bearing deposits | 11,774,000 | 9,278,000 | 9,541,000 | 11,142,000 |
| Equity capital | 3,024,000 | 3,191,000 | 3,314,000 | 3,424,000 |
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 | 368,000 | 751,000 | 1,131,000 | 1,539,000 |
| Interest expense | 39,000 | 91,000 | 146,000 | 210,000 |
| Net interest income | 329,000 | 660,000 | 985,000 | 1,329,000 |
| Noninterest income | 21,000 | 65,000 | 165,000 | 286,000 |
| Noninterest expense | 259,000 | 480,000 | 752,000 | 1,133,000 |
| Provision for loan losses | 1,000 | 1,000 | 31,000 | 20,000 |
| Pretax income | 90,000 | 244,000 | 367,000 | 462,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 90,000 | 244,000 | 367,000 | 462,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,036,000 | 3,191,000 | 3,314,000 | 3,408,000 |
| Total capital | 3,175,000 | 3,330,000 | 3,482,000 | 3,569,000 |
| Risk-weighted assets | 19,180,000 | 18,686,000 | 19,544,000 | 20,450,000 |