Call reports 2023
AXIOM BANK, NATIONAL ASSOCIATION — 2023
What AXIOM BANK, NATIONAL ASSOCIATION 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 | 673,161,000 | 809,982,000 | 824,400,000 | 836,693,000 |
| Total loans | 465,046,000 | 488,636,000 | 519,588,000 | 560,731,000 |
| Allowance for loan losses | 5,712,000 | 6,278,000 | 6,278,000 | 6,831,000 |
| Securities available for sale | 48,016,000 | 47,949,000 | 47,725,000 | 48,526,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 528,993,000 | 718,205,000 | 730,043,000 | 715,696,000 |
| Interest-bearing deposits | 391,149,000 | 507,752,000 | 490,630,000 | 463,124,000 |
| Noninterest-bearing deposits | 137,844,000 | 210,453,000 | 239,413,000 | 252,572,000 |
| Equity capital | 86,719,000 | 86,414,000 | 87,599,000 | 88,755,000 |
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 | 9,039,000 | 19,461,000 | 31,891,000 | 45,557,000 |
| Interest expense | 2,078,000 | 5,707,000 | 10,009,000 | 14,354,000 |
| Net interest income | 6,961,000 | 13,754,000 | 21,882,000 | 31,203,000 |
| Noninterest income | 1,699,000 | 3,442,000 | 5,305,000 | 7,141,000 |
| Noninterest expense | 8,426,000 | 17,239,000 | 26,058,000 | 35,438,000 |
| Provision for loan losses | 74,000 | 219,000 | 355,000 | 1,202,000 |
| Pretax income | -155,000 | -525,000 | 1,021,000 | 2,000,000 |
| Income tax | -38,000 | -127,000 | 248,000 | 486,000 |
| Net income | -117,000 | -398,000 | 773,000 | 1,514,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 86,117,000 | 85,947,000 | 87,063,000 | 87,843,000 |
| Total capital | 92,777,000 | 92,645,000 | 93,710,000 | 94,994,000 |
| Risk-weighted assets | 531,689,000 | 562,963,000 | 587,465,000 | 617,035,000 |