Call reports 2023
FLAT BRANCH BANK — 2023
What FLAT BRANCH 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 | 42,071,000 | 41,022,000 | 37,743,000 | 35,248,000 |
| Total loans | 14,045,000 | 13,646,000 | 13,417,000 | 13,151,000 |
| Allowance for loan losses | 310,000 | 310,000 | 310,000 | 310,000 |
| Securities available for sale | 21,870,000 | 21,092,000 | 20,013,000 | 19,688,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,701,000 | 38,644,000 | 35,400,000 | 32,183,000 |
| Interest-bearing deposits | 28,973,000 | 27,398,000 | 25,203,000 | 23,011,000 |
| Noninterest-bearing deposits | 10,728,000 | 11,246,000 | 10,197,000 | 9,172,000 |
| Equity capital | 2,272,000 | 2,292,000 | 2,253,000 | 2,765,000 |
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 | 297,000 | 638,000 | 939,000 | 1,232,000 |
| Interest expense | 9,000 | 18,000 | 26,000 | 34,000 |
| Net interest income | 288,000 | 620,000 | 913,000 | 1,198,000 |
| Noninterest income | 47,000 | 93,000 | 139,000 | 186,000 |
| Noninterest expense | 235,000 | 486,000 | 729,000 | 977,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 100,000 | 227,000 | 323,000 | 407,000 |
| Income tax | 20,000 | 48,000 | 68,000 | 86,000 |
| Net income | 80,000 | 179,000 | 255,000 | 321,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,538,000 | 3,635,000 | 3,712,000 | 3,778,000 |
| Total capital | 3,712,000 | 3,806,000 | 3,880,000 | 3,941,000 |
| Risk-weighted assets | 13,817,000 | 13,525,000 | 13,290,000 | 12,887,000 |