Call reports 2023
SUNDANCE STATE BANK — 2023
What SUNDANCE 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 | 249,964,000 | 240,906,000 | 239,499,000 | 266,662,000 |
| Total loans | 162,638,000 | 157,587,000 | 154,772,000 | 145,548,000 |
| Allowance for loan losses | 2,668,000 | 2,790,000 | 3,024,000 | 2,955,000 |
| Securities available for sale | 69,128,000 | 66,888,000 | 63,774,000 | 64,946,000 |
| Securities held to maturity | 500,000 | 500,000 | 500,000 | 500,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 210,450,000 | 204,826,000 | 205,394,000 | 231,215,000 |
| Interest-bearing deposits | 166,537,000 | 165,700,000 | 162,511,000 | 182,323,000 |
| Noninterest-bearing deposits | 43,913,000 | 39,126,000 | 42,883,000 | 48,892,000 |
| Equity capital | 21,853,000 | 21,977,000 | 21,358,000 | 22,829,000 |
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 | 2,776,000 | 5,633,000 | 8,541,000 | 11,644,000 |
| Interest expense | 659,000 | 1,522,000 | 2,474,000 | 3,525,000 |
| Net interest income | 2,117,000 | 4,111,000 | 6,067,000 | 8,119,000 |
| Noninterest income | 153,000 | 305,000 | 468,000 | 622,000 |
| Noninterest expense | 1,093,000 | 2,201,000 | 3,484,000 | 4,888,000 |
| Provision for loan losses | 90,000 | 230,000 | 318,000 | 277,000 |
| Pretax income | 1,000,000 | 1,948,000 | 2,724,000 | 3,526,000 |
| Income tax | 175,000 | 355,000 | 505,000 | 607,000 |
| Net income | 825,000 | 1,593,000 | 2,219,000 | 2,919,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,991,000 | 27,759,000 | 28,383,000 | 27,833,000 |
| Total capital | 29,354,000 | 30,055,000 | 30,660,000 | 30,077,000 |
| Risk-weighted assets | 188,563,000 | 183,063,000 | 181,275,000 | 178,625,000 |