Call reports 2023
FLAGSHIP BANK — 2023
What FLAGSHIP 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 | 575,437,000 | 577,022,000 | 590,605,000 | 633,182,000 |
| Total loans | 444,443,000 | 470,404,000 | 482,755,000 | 484,904,000 |
| Allowance for loan losses | 4,375,000 | 4,513,000 | 4,562,000 | 4,620,000 |
| Securities available for sale | 35,452,000 | 27,654,000 | 20,576,000 | 26,656,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 509,926,000 | 510,589,000 | 517,769,000 | 561,613,000 |
| Interest-bearing deposits | 313,746,000 | 318,623,000 | 333,621,000 | 375,426,000 |
| Noninterest-bearing deposits | 196,180,000 | 191,966,000 | 184,148,000 | 186,187,000 |
| Equity capital | 62,954,000 | 64,212,000 | 65,511,000 | 66,865,000 |
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 | 6,685,000 | 13,884,000 | 21,469,000 | 29,590,000 |
| Interest expense | 1,763,000 | 4,098,000 | 7,007,000 | 10,417,000 |
| Net interest income | 4,922,000 | 9,786,000 | 14,462,000 | 19,173,000 |
| Noninterest income | 188,000 | 406,000 | 648,000 | 921,000 |
| Noninterest expense | 3,195,000 | 6,434,000 | 9,741,000 | 13,095,000 |
| Provision for loan losses | 285,000 | 453,000 | 501,000 | 559,000 |
| Pretax income | 1,630,000 | 3,305,000 | 4,868,000 | 6,440,000 |
| Income tax | 378,000 | 820,000 | 1,171,000 | 1,514,000 |
| Net income | 1,252,000 | 2,485,000 | 3,697,000 | 4,926,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 53,678,000 | 54,961,000 | 56,215,000 | 57,517,000 |