Call reports 2023
MIDDLETOWN STATE BANK — 2023
What MIDDLETOWN 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 | 42,670,000 | 43,417,000 | 43,396,000 | 41,556,000 |
| Total loans | 31,388,000 | 31,672,000 | 32,045,000 | 30,923,000 |
| Allowance for loan losses | 189,000 | 189,000 | 204,000 | 183,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 5,558,000 | 5,812,000 | 6,775,000 | 7,521,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,410,000 | 38,325,000 | 38,309,000 | 36,379,000 |
| Interest-bearing deposits | 30,965,000 | 31,844,000 | 31,677,000 | 30,639,000 |
| Noninterest-bearing deposits | 6,444,000 | 6,480,000 | 6,632,000 | 5,740,000 |
| Equity capital | 3,707,000 | 3,794,000 | 3,761,000 | 3,826,000 |
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 | 429,000 | 864,000 | 1,338,000 | 1,826,000 |
| Interest expense | 58,000 | 139,000 | 243,000 | 368,000 |
| Net interest income | 371,000 | 725,000 | 1,095,000 | 1,458,000 |
| Noninterest income | 12,000 | 21,000 | 31,000 | 44,000 |
| Noninterest expense | 143,000 | 294,000 | 447,000 | 619,000 |
| Provision for loan losses | 0 | 0 | 15,000 | 15,000 |
| Pretax income | 240,000 | 452,000 | 664,000 | 868,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 240,000 | 452,000 | 664,000 | 868,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,708,000 | 3,794,000 | 3,761,000 | 3,825,000 |
| Total capital | 3,897,000 | — | — | — |
| Risk-weighted assets | 28,067,000 | — | — | — |