Call reports 2023
BANK OF THE MOUNTAINS, INC. — 2023
What BANK OF THE MOUNTAINS, INC. 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 | 89,187,000 | 90,003,000 | 89,503,000 | 86,029,000 |
| Total loans | 55,343,000 | 55,632,000 | 56,944,000 | 59,384,000 |
| Allowance for loan losses | 733,000 | 724,000 | 699,000 | 806,000 |
| Securities available for sale | 11,167,000 | 11,138,000 | 11,459,000 | 10,850,000 |
| Securities held to maturity | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,305,000 | 79,796,000 | 79,075,000 | 75,498,000 |
| Interest-bearing deposits | 51,268,000 | 49,707,000 | 48,323,000 | 47,309,000 |
| Noninterest-bearing deposits | 28,037,000 | 30,089,000 | 30,752,000 | 28,189,000 |
| Equity capital | 8,081,000 | 8,256,000 | 8,368,000 | 8,604,000 |
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 | 1,046,000 | 2,156,000 | 3,292,000 | 4,446,000 |
| Interest expense | 84,000 | 200,000 | 334,000 | 477,000 |
| Net interest income | 962,000 | 1,956,000 | 2,958,000 | 3,969,000 |
| Noninterest income | 171,000 | 327,000 | 497,000 | 661,000 |
| Noninterest expense | 872,000 | 1,748,000 | 2,695,000 | 3,589,000 |
| Provision for loan losses | 7,000 | 15,000 | 8,000 | 115,000 |
| Pretax income | 254,000 | 520,000 | 752,000 | 926,000 |
| Income tax | 66,000 | 135,000 | 195,000 | 231,000 |
| Net income | 188,000 | 385,000 | 557,000 | 695,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,482,000 | 8,679,000 | 8,368,000 | 8,839,000 |
| Total capital | 9,208,000 | 9,403,000 | 9,067,000 | 9,605,000 |
| Risk-weighted assets | 58,118,000 | 59,808,000 | 59,144,000 | 61,286,000 |